ArbiBase, LLC ("ArbiBase", "we") lists rental properties whose owners have agreed to lease to short-term or mid-term rental operators. This page explains what the "Verified" label on those listings means, what it does not mean, and what you can do if a property turns out not to match it. It forms part of our Terms of Service.
Verification is information to help you decide which properties to pursue. It is not legal, tax or financial advice, and it does not replace your own checks.
A property is published as Verified only after it has cleared all three of these checks:
1. Signed owner consent
The owner, or an agent who says they act for the owner, has signed our consent form. In it they confirm they are open to leasing the property to an operator for short-term or mid-term rental, that the property details they gave us are accurate, and that we may share the listing with operators. The consent is non-binding and the owner can withdraw it at any time. It is not a lease.
2. Greenlight underwriting
We run the property through Greenlight, our underwriting tool. Greenlight estimates the rental revenue the property could earn using market data and comparable listings, and compares it with the asking rent. The property must clear our floor: estimated revenue of at least 1.5 times the rent. The estimate and its inputs are shown on the listing.
3. City and ZIP rules check
We check the short-term and mid-term rental rules for the property's city and ZIP code against primary sources, such as the city's ordinances and official guidance, and record what we found. That regulation record is shown on the listing.
You can see the Greenlight report, the regulation record and the lease terms on a listing before you unlock it. Unlocking adds the street address, the owner's contact details, the signed consent and the property packet.
We describe how strong an owner's permission is with three tiers:
- V1 (Verbal): the owner said on a call that they are open to it.
- V2 (Written): the owner said so in writing, for example by email or text.
- V3 (Digital Consent): the owner signed our consent form.
V1 and V2 are early stages of our conversations with owners. Only V3 counts toward Verified. Every property published as Verified is V3, so when you see a "V3" or "Digital Consent" badge on a listing, it refers to the signed consent described in § 02.
In particular, verification is not:
- A lease or a commitment from the owner. The owner's consent is non-binding. Only a lease you sign with the owner gives you the right to use the property.
- A permit, license or legal opinion. Our rules check records what we found in public sources on the date we checked. It is not a permit, zoning approval or confirmation that you will qualify for one.
- A forecast you can rely on. Greenlight figures are estimates from market data, not a prediction of what you will earn.
- An inspection. We don't visit or inspect properties. We rely on what the owner tells us about the property's condition, features and costs.
- A title or identity search. We rely on the signer's statement that they own the property or are authorized to act for the owner.
- A review of HOA or building rules, unless the listing or your concierge delivery says that one was done. Condo associations, HOAs and building managers can have their own restrictions.
- An endorsement of any property, owner or operator.
Verification reflects what we knew when we last checked. After that, an owner can withdraw consent, change the rent or terms, or sell the property, and cities can change their rules.
We re-check listed properties periodically, on a best-effort basis. There is no fixed schedule, and we can't promise to catch every change as it happens. When we learn that a property no longer meets the checks in § 02, we may mark it as under review, update its details, or remove it, and we may do so without notice.
Before you sign a lease or spend money on a property, you are responsible for:
- Confirming directly with the owner that they will lease to you for your intended use, and getting that permission written into a signed lease.
- Confirming the current local rules for the property's address with the city or county. Rules on short-term rentals, mid-term rentals and subletting vary from state to state and city to city, and they change.
- Getting any permits, licenses or registrations required, and registering for and paying any lodging or sales taxes.
- Checking HOA, condo and building rules, and the property's condition.
- Getting suitable insurance.
- Running your own numbers on rent, costs and revenue.
- Getting advice from a lawyer, accountant or other professional where you need it.
If a listing looks wrong, tell us. For example: the owner says they never agreed, the rent or details don't match, or the local rules are different from our record. Open a request from the support area of the app, or email [email protected] (or [email protected] for a concierge delivery) with:
- The property (listing name, or the address if you unlocked it).
- What doesn't match, and how you found out.
- Any messages, documents or links that show it.
We will look into it and update or remove the listing if needed.
Owners: if you want to withdraw your consent or correct your listing, email [email protected] and we will take the listing down or update it.
Property unlock fees and concierge sourcing fees are non-refundable.
If an unlocked property falls through for reasons outside your control, including because it turns out not to be as verified (for example, the owner denies giving consent, or withdraws it before you could sign a lease), you can request one replacement property for that unlock. For concierge sourcing, the same applies to a delivered property, and also if it materially misses the criteria in your written brief.
To request a replacement, open a replacement request in the app or email [email protected] (unlocks) or [email protected] (concierge). Tell us as soon as you find out. One replacement property per purchase is the only remedy we offer for these situations. See our Refund & Billing Policy for the full payment terms.
We work to make verification accurate, but it is provided as information, as is. Apart from the replacement in § 08, ArbiBase is not responsible for losses that come from an owner refusing or changing terms, a change in local rules or HOA policy, fines or enforcement, a property's condition, or revenue falling short of an estimate. The limits of our liability are set out in full in our Terms of Service, and nothing on this page limits rights you have under law that can't be waived.
ArbiBase is an information platform. We are not a real estate broker or agent, a property manager, a lawyer or a financial adviser, and we don't represent owners or operators. We are not a party to any lease. After you unlock a property, you contact the owner and negotiate directly with them.
Laws on real estate licensing, subletting and short-term rentals differ by state and city. Confirm the rules that apply to you with local authorities or a licensed professional.
For concierge deliveries, email [email protected].