Vacation Rental Property Management Agreement

This Vacation Rental Property Management Agreement ("Agreement") is made and entered into on this ____ day of ____________, 20____, by and between:

Property Owner:
Property Manager:
Rental Property Address:

1. Term

The term of this Agreement shall begin on ____________, 20____ and shall continue until terminated in accordance with Section 8 below.

2. Services Provided By Manager

• Marketing and advertising the rental property.
• Screening and booking guests.
• Collecting rental payments and security deposits.
• Coordinating cleaning and maintenance services.
• Communicating with guests before, during, and after their stay.
• Other management duties as agreed upon by both parties.

3. Compensation

The Property Owner agrees to pay the Property Manager as follows:

Management Fee (% of gross rental income):
Other Fees:

4. Responsibilities of Owner

• Maintain property in habitable condition.
• Ensure compliance with local laws and regulations.
• Maintain necessary insurance on the property.
• Promptly address major repairs and maintenance.

5. Owner's Access and Use

The Owner reserves the right to occupy the property for personal use upon giving advance written notice to Manager as specified below:

• Required notice for Owner use: __________ days

6. Accounting

Manager shall provide Owner with monthly statements detailing rental income, expenses, and net proceeds, and shall remit net rental income to Owner on or before the ____ day of each month.

7. Insurance and Liability

Owner shall maintain appropriate property and liability insurance. Manager shall not be liable for any loss or damage except as a result of gross negligence or willful misconduct.

8. Termination

Either party may terminate this Agreement by giving ____ days written notice. Upon termination, Manager shall provide a final accounting and remit any remaining funds due to Owner.

9. Miscellaneous

• This Agreement represents the entire agreement between the parties.
• Amendments shall be made in writing and signed by both parties.
• This Agreement is governed by the laws of the State of ____________.