A simple short-term vacation rental agreement can help you protect your property and your guests during their stay. Whether you`re renting out your home on Airbnb, VRBO, or another platform, it`s important to create a written agreement that outlines the terms of the rental.
Here are some essential elements to include in your short-term vacation rental agreement:
1. Property Description: Start your agreement by describing the property that is being rented, including the address, number of bedrooms/bathrooms, and any amenities that are included (e.g. pool, hot tub, cable TV, etc.). This will help ensure that your guests are booking the right property and have a clear understanding of what is included in the rental.
2. Rental Dates: Be specific about the rental period, including the check-in and check-out dates and times. You may also want to include any restrictions on the length of stay (e.g. maximum number of nights).
3. Payment Terms: Outline the payment terms, including the total rental amount, any security deposit required, and the payment schedule (e.g. when the deposit is due, when the balance is due, etc.). You may also want to include any additional fees (e.g. cleaning fee, pet fee, etc.) and how they will be collected.
4. House Rules: Set clear expectations for your guests by including a list of house rules in the agreement. This may include rules around noise, smoking, pets, and use of amenities. Be sure to also outline any consequences for breaking the rules (e.g. additional fees, eviction, etc.).
5. Liability: Protect yourself and your property by including a liability clause in the agreement. This should outline who is responsible for any damage or loss that occurs during the rental period, and may also include a hold harmless clause that releases you from liability for any injuries or accidents that occur on the property.
6. Cancellation Policy: Clearly outline your cancellation policy, including any fees that may apply if the guest cancels their reservation. This will help ensure that both you and your guests are protected in the event of a cancellation.
7. Signature: Finally, make sure the agreement is signed by both you (the host) and the guest. This will serve as proof that both parties have agreed to the terms of the rental.
Creating a simple short-term vacation rental agreement may seem like an extra step, but it can help you avoid disputes and protect your property. By including these essential elements in your agreement, you can ensure that both you and your guests have a clear understanding of the rental terms and can enjoy a stress-free vacation.
