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1. Parties: Identification of the Property Owner and the Property Management Company, including their complete legal names, addresses, and registration details
2. Background: Context of the agreement, including brief description of the property and the parties' intention to enter into a management arrangement
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Short-Term Rental', 'Management Services', 'Booking Platform', etc.
4. Appointment and Scope of Services: Formal appointment of the manager and detailed description of management services to be provided
5. Term and Termination: Duration of the agreement, renewal terms, and conditions for termination by either party
6. Manager's Obligations: Comprehensive list of the manager's responsibilities including marketing, guest screening, check-in/out, cleaning, maintenance
7. Owner's Obligations: Property owner's responsibilities including maintaining necessary permits, insurance, and property conditions
8. Financial Terms: Management fees, commission structure, payment terms, and handling of rental income
9. Booking and Rental Policies: Rules for setting rental rates, minimum stay requirements, cancellation policies
10. Maintenance and Repairs: Procedures for routine maintenance and emergency repairs, including spending authority limits
11. Insurance and Liability: Required insurance coverage and allocation of risks between parties
12. Governing Law and Dispute Resolution: Applicable law and procedures for resolving disputes
1. Multiple Property Provisions: Additional terms for owners with multiple properties under management - used when the owner has more than one property
2. Property Staff Management: Terms regarding management of on-site staff - included when the property has dedicated staff
3. Revenue Guarantees: Minimum revenue guarantees by the management company - optional section for premium management services
4. Special Amenities Management: Specific terms for managing special facilities like pools, gyms, etc. - included when applicable
5. Marketing Commitments: Specific marketing obligations and budgets - included for properties requiring enhanced marketing
6. Exclusivity Provisions: Terms preventing the owner from using other management services - included when exclusive rights are granted
7. Property Development Provisions: Terms regarding ongoing or planned property improvements - included for properties under development
1. Schedule A - Property Details: Detailed description of the property, including address, features, amenities, and inventory of furnishings
2. Schedule B - Fee Structure: Detailed breakdown of management fees, commission rates, and other charges
3. Schedule C - Service Level Agreement: Specific performance metrics and service standards for the management company
4. Schedule D - Maintenance Schedule: Regular maintenance tasks and their frequency
5. Schedule E - Approved Contractors: List of pre-approved contractors for maintenance and repairs
6. Appendix 1 - House Rules: Rules and regulations for guests staying at the property
7. Appendix 2 - Emergency Procedures: Emergency contact information and procedures
8. Appendix 3 - Marketing Plan: Detailed marketing strategy and platform listings
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