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Holiday Let Management Contract
"I need a Holiday Let Management Contract for my portfolio of 5 Amsterdam apartments, starting March 2025, with strict performance KPIs and a revenue guarantee clause, plus specific provisions for managing multiple properties under a single agreement."
1. Parties: Identification of the property owner and management company, including full legal names and addresses
2. Background: Context of the agreement, including property details and purpose of the management arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Term: Formal appointment of the management company and duration of the agreement
5. Manager's Duties and Responsibilities: Comprehensive list of services to be provided by the management company
6. Property Owner's Obligations: Responsibilities and commitments of the property owner
7. Financial Terms: Management fees, commission structures, and payment terms
8. Booking and Rental Procedures: Process for managing bookings, guest communications, and rental policies
9. Maintenance and Services: Procedures for property maintenance, cleaning, and guest services
10. Insurance and Liability: Insurance requirements and allocation of liability between parties
11. Compliance and Regulations: Obligations regarding legal compliance and regulatory requirements
12. Reporting and Accounting: Financial reporting obligations and accounting procedures
13. Termination: Conditions and procedures for ending the agreement
14. General Provisions: Standard legal clauses including notices, amendments, and governing law
1. Multiple Property Management: Additional terms for managing multiple properties, used when owner has more than one property
2. Staff Management: Terms regarding employment and management of on-site staff, used when property requires dedicated personnel
3. Marketing Services: Detailed marketing and promotion obligations, used when management company provides extensive marketing services
4. Revenue Guarantee: Minimum revenue guarantees, used when management company offers income assurance
5. Property Development: Terms regarding property improvements and renovations, used when management includes property development services
6. Exclusive Agency: Terms for exclusive management rights, used when manager has sole letting rights
7. Emergency Services: Specific procedures for emergency situations, used for remote properties or high-risk locations
1. Property Details: Detailed description of the property, including inventory and photographs
2. Service Level Agreement: Detailed specifications of service standards and performance metrics
3. Fee Schedule: Comprehensive breakdown of all fees, charges, and commission structures
4. Maintenance Schedule: Regular maintenance tasks and responsibilities
5. Operating Procedures: Detailed procedures for day-to-day management and guest services
6. Marketing Plan: Marketing strategy and promotional activities
7. Insurance Requirements: Detailed insurance specifications and coverage requirements
8. Booking Terms and Conditions: Standard terms for guest bookings
9. Report Templates: Templates for regular financial and operational reporting
Authors
Real Estate
Tourism & Hospitality
Property Management
Short-term Rentals
Vacation Rentals
Professional Services
Facility Management
Tourism Accommodation
Legal
Operations
Property Management
Facilities Management
Revenue Management
Guest Relations
Compliance
Business Development
Finance
Marketing
Asset Management
Property Manager
Real Estate Manager
Operations Director
Legal Counsel
Contract Manager
Holiday Let Coordinator
Facilities Manager
Asset Manager
Property Management Director
Vacation Rental Manager
Compliance Officer
Business Development Manager
Operations Manager
General Manager
Revenue Manager
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