A landlord is recommending that others use ChatGPT or another AI platform to help scrutinise the terms of their letting agency contract before signing.
A landlord is advising others to use artificial intelligence (AI) to help review their letting agency contracts before signing. The landlord, who has been renting out properties since 2007, recently used ChatGPT to examine a lengthy agency agreement.
The AI helped the landlord question additional services already selected, charges if a tenant was found elsewhere, termination provisions, authority to sign documents, and responsibility for deposit disputes.
Why this matters: This could help landlords avoid costly and time-consuming disputes with their letting agents.
What this means for you: If you're a landlord, consider using AI to review your letting agency contract before signing to avoid potential disputes and costs.
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