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The Short Term Rental Management Agreement is essential for property owners in Pakistan who wish to delegate the management of their short-term rental properties to professional management companies. This document has become increasingly important with the growth of the short-term rental market in major Pakistani cities and tourist destinations. It provides a legal framework compliant with Pakistani law, including the Transfer of Property Act 1882, Contract Act 1872, and provincial rental regulations. The agreement covers crucial aspects such as property marketing, guest screening, maintenance, financial management, and regulatory compliance. It is particularly relevant for properties listed on digital platforms and those catering to both domestic and international travelers. The document includes specific provisions for local market practices, cultural considerations, and religious requirements where applicable.

1. Parties: Identification of the property owner and the management company, including full legal names, addresses, and registration details if applicable

2. Background: Brief context of the agreement, including property details and the owner's intention to engage the manager for short-term rental services

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Short-term Rental', 'Management Services', 'Booking Platform', etc.

4. Appointment and Term: Formal appointment of the manager and duration of the agreement, including start date and initial term

5. Manager's Services and Obligations: Comprehensive list of services to be provided by the manager, including marketing, guest screening, booking management, etc.

6. Owner's Obligations: Property owner's responsibilities, including maintaining the property, insurance, providing necessary documentation

7. Financial Terms: Management fees, commission structure, payment terms, and handling of rental income

8. Property Maintenance and Operations: Procedures for regular maintenance, emergency repairs, and day-to-day operations

9. Guest Relations: Policies regarding guest communication, check-in/out procedures, and handling guest issues

10. Marketing and Pricing: Agreement on marketing strategies, pricing policies, and platform usage

11. Termination: Conditions and procedures for ending the agreement, including notice periods and obligations upon termination

12. Liability and Indemnification: Risk allocation between parties and insurance requirements

13. Governing Law and Dispute Resolution: Applicable law and methods for resolving disputes

14. General Provisions: Standard clauses including notices, amendments, assignment, and entire agreement