A holiday rental contract should provide rules for customers. It should also declare the penalties for their break-up. As a host, it gives you the right to ask the client to pay damages resulting from an infringement during the stay. You will be entitled to cancel a reservation immediately if the hotel`s conditions and rules are not followed. This is one of the most important sections of your short-term lease. The agreement should include the date of arrival and departure. If you adjust this data before arrival, you should sign an updated short-term lease. The only time a lease is not appropriate is when you rent to someone who intends to live there for the long term. In this case, you need an official lease. This section of the agreement protects you if your clients bring other people to your home without notice. It is also liable to customers if these unauthorized visitors suffer injury or cause damage. You can ask a customer to sign a short-term lease as long as you announce the terms before booking.
There may also be city-specific laws where the property is – in fact, many American cities have rules for short-term rentals. Commercial licenses may also be required. So it`s a good idea to review the specific laws and rules of the city where the property is located, perhaps through a licensed lawyer. You can also always meet your guests in the accommodation and have them sign the contract before handing over the keys. It is important not to surprise your customers with a lease. Tell them in advance that they are required to sign the agreement. Most people will expect to sign something. You must also ensure that you and the tenant have a signed copy of the contract. Airbnb and other apartment platforms have insurance to cover damage to your property by customers.
However, if you want to claim a right with your own insurance, a short-term equipment lease can be helpful. A picture is worth more than a thousand words and may be the determining factor in choosing your property by one potential tenant over another. It is highly recommended to hire the services of a professional because of the potential amount of money on the game. Make sure the photos focus on the positive aspects of the rental, such as views, landscapes, features or any detail that could create a potential tenant.