# VR NFT Renting

Virtual Apartments are accessed via your VR NFT and allow owners or tenants the opportunity to meet with friends and family from anywhere in the world in a fully immersive setting tailored to their own personal preference and imagination.&#x20;

Once a Key Token is upgraded to a VR Apartment NFT, the owner can then either sell or, rent out the apartment NFT via the Xara City Market Place and earn XARA as rent.&#x20;

Rentals are paid upfront similar to an Airbnb and the tenant will have exclusive access to the apartment during the rental period.&#x20;

Tenants renting apartments will also get additional benefits such as discounted fees on virtual experiences in the Xaraverse.

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