Chapter 4

If we trust each other, why a tight contract?

Đã tin nhau rồi, còn cần hợp đồng chặt sao?

The chapter's question

Which three clauses must I not skip?

Big idea

A vague agreement between two well-meaning parties still breaks in the first season something goes wrong.

In this chapter

  1. Part 4.1

    Term and Exit

    If the arrangement ends, what does the handover include?

  2. Part 4.2

    Performance Commitments

    Which number do I commit to, and how is it measured?

  3. Part 4.3

    Accounts and Cash Flow

    Whose account does the guest's money go into?

  4. Part 4.4

    Who Owns the Reviews

    When the contract ends, who owns the channel listings?

The reading for this chapter is inside Conan School

This chapter has 4 readings, with case stories and exercises. Chapter 1 of A Second Property, or Managing Someone Else's is free to read right here.

Read in Conan School

Chapters of A Second Property, or Managing Someone Else's

  1. 1.If my first place still needs me daily, why expand?
  2. 2.Can my first success be copied somewhere new?
  3. 3.Managing others' properties: easy money, or borrowed risk?
  4. 4.If we trust each other, why a tight contract?
  5. 5.Will the new place drag the old one down?