If you`re planning to rent out your vacation home or looking to rent a vacation property, it`s important to have a written agreement in place to protect both parties involved. A vacation rental agreement is a legal document that outlines the terms and conditions of the rental agreement, including the rental period, payment terms, and rules and regulations for the rental property.
Here is a sample vacation rental agreement that can serve as a template for your rental agreement:
1. RENTAL PROPERTY
The rental property, located at [insert property address], is being rented for the period of [insert rental period]. The rental property is fully furnished and equipped with [insert amenities].
2. PAYMENT TERMS
The rent for the rental property is [insert rent amount] per [insert rental period]. The rent is due [insert due date and frequency] and must be paid in full before check-in. The rent can be paid by [insert payment method].
3. SECURITY DEPOSIT
A security deposit of [insert security deposit amount] is required at the time of booking. The security deposit will be refunded within [insert time frame] after check-out, provided there are no damages or excessive cleaning required.
4. CANCELLATION POLICY
If the renter cancels the reservation [insert time frame] before the rental period, the full rental fee will be refunded. If the cancellation is made within [insert time frame] of the rental period, the renter will forfeit the security deposit.
5. OCCUPANCY
The rental property is rented to [insert number of guests]. The renter agrees to not exceed the maximum occupancy. The rental property cannot be used for events or parties without prior permission from the owner.
6. CHECK-IN AND CHECK-OUT
Check-in is at [insert check-in time] and check-out is at [insert check-out time]. The renter agrees to vacate the rental property by the check-out time.
7. RULES AND REGULATIONS
The renter agrees to comply with all rules and regulations set forth by the owner, including but not limited to no smoking, no pets, and no loud or disruptive behavior.
8. MAINTENANCE
The renter agrees to maintain the rental property in a clean and orderly manner. The renter is responsible for any damages caused during their stay and agrees to cover the cost of repairs.
9. LIABILITY
The owner is not responsible for any injuries, damages, or loss of personal property that occur during the renter`s stay at the rental property.
10. AGREEMENT
By signing below, both parties acknowledge and agree to the terms and conditions of this vacation rental agreement.
Having a clear and concise rental agreement in place can help prevent any misunderstandings or disputes between the owner and renter. It`s important to review the agreement carefully and make any necessary amendments to ensure that it meets your specific needs and requirements.