Just as a physical property undergoes digital transformation, that property in order to be effective – requires an agreement that clarifies the terms of the rental. For the short term rental spaces in Texas this is called a rental agreement. Managing digital files on a digital marketplace platform is comparable to managing short term rental agreements in Texas. In this modern age of technology, controlling digital downloads and short term accommodations is achievable by way of a digital marketplace like WPDM. WPDM marketplace platform entities have structured their digital marketplace models so as to provide for clarity and functionality when it comes to maintaining effective digital downloads and managing arguably the most important part of a WPDM biz model; the rental agreements – which can be simple or complex.
To start, a typical short term rental agreement in Texas ought to have around 10 requisite elements, which means that unless you have a short term rental agreement that’s filled with these elements – the likelihood that it’s effective is actually not that high. If you’re a property owner in Texas, renting out your place via AirBnB, VRBO, HomeAway, etc. you would definitely want your rental agreement docs to be limited to the basic necessities in some cases of renting out your space for a weekend or a week. The basic elements of a short term rental agreement in Texas include: The important thing to remember, as the owner of a property, is that while you hold the authority to design the short term rental agreement to your liking, the rental agreement MUST be certain and express enough to provide for clarity and avoid ambiguity on the terms of the rental.
Otherwise, like on the digital marketplace platforms like WPDM, the dispute may be governed by Texas Property Code: Section 92.001 of the Texas Property Code sets out the relationship between premises owners and short term renters. According to this law, a short term rental property is the “lease or rental of a dwelling for a term shorter than 30 consecutive days” (Tex. Prop. Code § 92.001(6)). This statute applies to all a property manager’s actions as they relate to tenants residing in short term lease properties. Unless there is a written agreement reflecting otherwise, Texas courts will interpret language in an agreement in plain ordinary meaning using accepted definitions. In other words, a rental contract is only enforceable to the extent that the provisions and terms are sufficiently clear for the parties to understand their obligations.
When something is ambiguous and the rental agreement is not specific enough, a Texas court will interpret the language in favor of the tenant, leaving him or her with the benefit of the doubt. So, how does this relate to uploading digital files and ebooks to a digital marketplace? Simple. When uploading files, and using WPDM marketplace – you get the option, to describe the nature of the file, an editor is provided when uploading the file, you can add various terms related to the digital file. Just like a short term rental agreement tends to be written in plain ordinary language, the same goes for WPDM marketplace platforms. The uploader gets to provide various terms as detailed above. In fact, any text or information added to the file, is saved to the database for future reference.
With digital files, clarity is always much easier than with physical files or properties. In the case of sharing a property, doing so means allowing others access to your actual physical space, where ambiguity is much more likely to occur, even if the words are plain. Think about it, if you’re renting out your flat for a few nights, there are touch points all over the space that remote guests might touch, move, or displace in the name of relaxing or making themselves comfortable. What happens if slides get moved, or a glass gets broken? In general, it calls for a lot of much needed explanation. Ease of communication is key to understanding and managing agreements, whether in the digital marketplace or real marketplace. You’d want the functionality to explain the features of using the files, to add addendums to your terms (either before or after deposit).
In both cases, traditional (physical) rental and digital downloads – the agreement can only be effective if all elements are present, and ambiguities avoided. That is how digital marketplace platforms make it easy for users to sell digital files, and manage transactions. The design has also been made user-centric, which is a principle that increases the likelihood for platform trust and user retention. The trusting of the platform will ultimately come down to how easy (or difficult) it may be to understand the terms of agreement within a digital file, and the ability to manage a transaction or to contact support in a reasonable amount of time.
Think of short term rental agreements, and digital files – both are distinct, but essentially have the same goal: to provide for an agreement that reduces the likelihood of future dispute. One of the major reasons why the WPDM marketplace model has been effective thus far in the remote management space, is because of the proper structure of the product. The clarity and functionality make it user friendly. It’s kind of similar to renting a house. The house has a dedicated air conditioning unit, a smoke detector, or a water heater. These are important, and optimized to give the best experience possible, and also mitigate the likelihood of risk.
Just as a physical property undergoes digital transformation, that property in order to be effective – requires an agreement that clarifies the terms of the rental. For the short term rental spaces in Texas this is called a rental agreement. Managing digital files on a digital marketplace platform is comparable to managing short term rental agreements in Texas. In this modern age of technology, controlling digital downloads and short term accommodations is achievable by way of a digital marketplace like WPDM. WPDM marketplace platform entities have structured their digital marketplace models so as to provide for clarity and functionality when it comes to maintaining effective digital downloads and managing arguably the most important part of a WPDM biz model; the rental agreements – which can be simple or complex.
To start, a typical short term rental agreement in Texas ought to have around 10 requisite elements, which means that unless you have a short term rental agreement that’s filled with these elements – the likelihood that it’s effective is actually not that high. If you’re a property owner in Texas, renting out your place via AirBnB, VRBO, HomeAway, etc. you would definitely want your rental agreement docs to be limited to the basic necessities in some cases of renting out your space for a weekend or a week. The basic elements of a short term rental agreement in Texas include: The important thing to remember, as the owner of a property, is that while you hold the authority to design the short term rental agreement to your liking, the rental agreement MUST be certain and express enough to provide for clarity and avoid ambiguity on the terms of the rental.
Otherwise, like on the digital marketplace platforms like WPDM, the dispute may be governed by Texas Property Code: Section 92.001 of the Texas Property Code sets out the relationship between premises owners and short term renters. According to this law, a short term rental property is the “lease or rental of a dwelling for a term shorter than 30 consecutive days” (Tex. Prop. Code § 92.001(6)). This statute applies to all a property manager’s actions as they relate to tenants residing in short term lease properties. Unless there is a written agreement reflecting otherwise, Texas courts will interpret language in an agreement in plain ordinary meaning using accepted definitions. In other words, a rental contract is only enforceable to the extent that the provisions and terms are sufficiently clear for the parties to understand their obligations.
When something is ambiguous and the rental agreement is not specific enough, a Texas court will interpret the language in favor of the tenant, leaving him or her with the benefit of the doubt. So, how does this relate to uploading digital files and ebooks to a digital marketplace? Simple. When uploading files, and using WPDM marketplace – you get the option, to describe the nature of the file, an editor is provided when uploading the file, you can add various terms related to the digital file. Just like a short term rental agreement tends to be written in plain ordinary language, the same goes for WPDM marketplace platforms. The uploader gets to provide various terms as detailed above. In fact, any text or information added to the file, is saved to the database for future reference.
With digital files, clarity is always much easier than with physical files or properties. In the case of sharing a property, doing so means allowing others access to your actual physical space, where ambiguity is much more likely to occur, even if the words are plain. Think about it, if you’re renting out your flat for a few nights, there are touch points all over the space that remote guests might touch, move, or displace in the name of relaxing or making themselves comfortable. What happens if slides get moved, or a glass gets broken? In general, it calls for a lot of much needed explanation. Ease of communication is key to understanding and managing agreements, whether in the digital marketplace or real marketplace. You’d want the functionality to explain the features of using the files, to add addendums to your terms (either before or after deposit).
In both cases, traditional (physical) rental and digital downloads – the agreement can only be effective if all elements are present, and ambiguities avoided. That is how digital marketplace platforms make it easy for users to sell digital files, and manage transactions. The design has also been made user-centric, which is a principle that increases the likelihood for platform trust and user retention. The trusting of the platform will ultimately come down to how easy (or difficult) it may be to understand the terms of agreement within a digital file, and the ability to manage a transaction or to contact support in a reasonable amount of time.
Think of short term rental agreements, and digital files – both are distinct, but essentially have the same goal: to provide for an agreement that reduces the likelihood of future dispute. One of the major reasons why the WPDM marketplace model has been effective thus far in the remote management space, is because of the proper structure of the product. The clarity and functionality make it user friendly. It’s kind of similar to renting a house. The house has a dedicated air conditioning unit, a smoke detector, or a water heater. These are important, and optimized to give the best experience possible, and also mitigate the likelihood of risk.
Mr Awesome
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