New or renewed bookings
The parties select whether the seller may enter seasonal or vacation occupancy agreements after the Effective Date for third-party use after Closing—and whether buyer approval is required.
Paragraph 19 · Addendum DD
The buyer may receive the property at closing—and still inherit someone else’s vacation reservation.
Addendum DD controls seasonal or short-term occupancy agreements that continue after closing, including seller-created bookings, management contracts and the buyer’s limited review rights.
What Addendum DD does
It coordinates a property sale with guest occupancy scheduled after ownership changes.
A vacation-rental property can close while future guests already possess contractual rights to arrive. Addendum DD determines whether the seller may create or renew those post-closing bookings and how existing property-management arrangements affect the buyer.
The rider is designed for seasonal and short-term vacation occupancy—not ordinary annual leases, which are addressed elsewhere in the purchase contract.
Two tracks
Section A controls seller bookings. Section B controls management agreements.
Both sections concern occupancy after closing, but they create different choices, delivery duties and deadlines.
A + BBookings and management require separate review
Existing management agreements
The seller delivers property-management agreements tied to existing seasonal occupancy. The buyer receives a limited review-and-cancellation period.
Six rider mechanics
The form manages bookings created before closing that perform after closing.
Seasonal occupancy
The property may be or become subject to seasonal or short-term vacation rental agreements.
Seller may—or may not
Section A requires a selection controlling new or renewed agreements after the Effective Date.
Buyer approval choice
If bookings are permitted, the parties choose whether buyer’s prior written approval is required.
Market rates and terms
Permitted new or renewed agreements must be made at market rates and terms.
Management review
Section B gives the buyer copies and a five-day cancellation decision window.
Post-closing survival
If the buyer does not cancel, specified management obligations continue after Closing.
Section A · seller booking authority
The first checkbox decides whether the seller can add post-closing occupancy.
The seller either may or may not enter new or renewed seasonal or vacation rental/occupancy agreements after the Effective Date and before Closing for third-party use after Closing.
If “may” is selected, a second choice determines whether the seller needs the buyer’s prior written approval of rental terms and conditions or may proceed without that approval.
Complete both Section A choices. Permission to book and the buyer-approval requirement answer two different questions.
Buyer approval—or no prior approval
The buyer’s control depends entirely on the selected Section A option.
With prior written approval selected, the seller must present the proposed terms and obtain approval before entering the agreement. Without-prior-approval selected, the seller may create qualifying bookings without that advance consent.
Either way, the seller must provide the buyer at or before Closing with copies of new or renewed post-closing occupancy agreements entered after the Effective Date.
1
Proposed booking
Confirm dates occur after Closing and the rates and terms are market-based.
2
Check the selection
Determine whether prior written buyer approval is required.
3
Execute or decline
Follow the authority actually granted in the signed rider.
4
Deliver the agreement
Give the buyer a copy at or before Closing.
Section B · two five-day clocks
Delivery and cancellation run from different starting points.
The first clock begins at Effective Date. The second begins when the buyer receives the management agreement.
5 days after Effective Date
Seller provides copies of all property-management agreements connected to existing seasonal occupancy agreements.
5 days after receipt
If a management agreement is unacceptable, buyer may cancel in accordance with Paragraph 6(b).
Obligation survives Closing
Buyer becomes bound for the duration of existing occupancy agreements remaining in place at Closing.
Short-term is not annual
Addendum DD is not the general lease-information provision.
Rental length and legal structure matter when selecting the correct contract language.
Seasonal and vacation occupancy
Addresses short-term or seasonal agreements for occupancy after Closing, seller booking authority and related management agreements.
Annual rental arrangements
Annual leases are handled through the contract’s lease-information and occupancy provisions, not by treating DD as a universal rental rider.
Operational handoff
The reservation calendar is only the beginning of what must transfer.
Seller checklist
- Disclose every existing post-closing reservation.
- Complete both Section A selections.
- Do not exceed the authority granted by the buyer.
- Use market rates and terms for permitted bookings.
- Deliver new occupancy agreements before Closing.
- Deliver management agreements within five days.
- Reconcile guest deposits and advance rent with closing professionals.
- Coordinate platforms, calendars, keys and guest communications.
Buyer checklist
- Review every reservation extending beyond Closing.
- Understand whether seller needs prior booking approval.
- Calendar five days from receipt of management agreements.
- Review management fees, termination and owner-use limits.
- Verify licenses, local rules and association restrictions.
- Confirm transferability of platform listings and permits.
- Audit deposits, advance rent, taxes and pending payouts.
- Plan property access around existing guest occupancy.
A practical transaction path
The contract, booking calendar and management records must tell the same story.
Authority is set
Section A controls whether seller may create new post-closing bookings.
Management delivered
Seller provides all applicable property-management agreements.
Buyer reviews
Buyer accepts the continuing arrangement or timely cancels under Paragraph 6(b).
Operations transfer
Ownership changes while qualifying reservations and management obligations continue.
Frequently asked questions
Florida Addendum DD, in plain English.
Does Addendum DD apply to an annual tenant?
No. DD is designed for seasonal and short-term vacation occupancy after Closing. Annual lease information is handled under other purchase-contract provisions.
Can the seller accept new vacation bookings after the contract is signed?
Only as selected in Section A. The rider must state that seller “may,” and the seller must follow the selected buyer-approval requirement.
Does the buyer always approve new bookings?
No. If seller may book, the parties separately choose whether prior written buyer approval is required or seller may proceed without it.
When must new occupancy agreements be delivered?
Seller must give buyer copies at or before Closing of qualifying new or renewed agreements entered after the Effective Date.
When are property-management agreements due?
Seller must provide all applicable property-management agreements within five days after the Effective Date.
How long does the buyer have to cancel over a management agreement?
Buyer has five days from receipt to cancel in accordance with Paragraph 6(b) if the agreement is unacceptable.
What if the buyer does not cancel?
The buyer is bound by the property-management agreement for the duration of existing occupancy agreements remaining at Closing, and that obligation survives Closing.
Does DD automatically transfer Airbnb or VRBO accounts?
No such automatic platform transfer is stated in the rider. Account, listing, permit, payout and reservation-transfer procedures should be verified separately.
Bookings extend beyond closing?
A vacation-rental purchase is also an operational handoff.
DW&Co. can help coordinate the contract rider, reservation calendar, management records and communication with appropriate Florida legal, title, tax and vacation-rental professionals.
Talk with DW&Co. Real Estate