My owner is thinking of canceling Bluemoon and using AI to generate a lease.

Topic Author
  • Posts: 49
  • Thank you received: 4
6 months 3 days ago #644113 by Guest Insider
Hey Friends
Texas Peeps-My owner is thinking of canceling the Bluemoon membership for leasing.
He is contemplating AI to generate a lease.
For context its for multifamily housing all complexes are over 50 units
Can you all share some highlights as to why keeping Bluemoon/TAA leases is better or share if there is a better option.
6 months 3 days ago #644113 by Guest Insider
Anonymous
6 months 2 days ago #644114 by Anonymous
Wow. Is it a cost thing? The TAA lease is written by lawyers, updated as laws change, vetted by years of facing the court and legal system, meets state and federal fair housing guidelines, and addresses specific landlord concerns that have arisen over decades of development of the lease to its current content. What is his motivation to seek alternatives?
6 months 2 days ago #644114 by Anonymous
Not you
5 months 3 weeks ago #644149 by Not you
You are exactly right.
5 months 3 weeks ago #644149 by Not you
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5 months 3 weeks ago #644151 by Donje Putnam
I suppose it depends on the AI. ChatGPT makes up stuff about the law. It’s still premature to depend on AI fully. Your owner would have to have it reviewed by an attorney and keep up with updates when the law changes. The BM lease is the least vulnerable option as it’s defended by attorneys all over the state and judges are familiar with it, accepting it as a standard. In other words- it stands up in court.
5 months 3 weeks ago #644151 by Donje Putnam