Short Term Rental Management Agreement for Australia

Short Term Rental Management Agreement Template for Australia

A Short Term Rental Management Agreement is a legally binding contract used in Australia that establishes the terms and conditions under which a property management company provides short-term rental management services to a property owner. The agreement outlines the scope of services, responsibilities of both parties, fee structures, and operational procedures for managing short-term rental properties. It incorporates relevant Australian property management regulations and consumer protection laws, including state-specific requirements for property management services and short-term accommodation operations.

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What is a Short Term Rental Management Agreement?

This Short Term Rental Management Agreement is designed for use in the Australian property market where property owners seek professional management services for their short-term rental properties. The document is particularly relevant in the context of holiday rentals, Airbnb-style accommodations, and serviced apartments. It addresses key aspects including property marketing, guest management, maintenance coordination, financial administration, and compliance with relevant Australian legislation. The agreement is structured to protect both parties' interests while ensuring clarity in service delivery and compensation. It incorporates state-specific requirements and industry best practices for property management in Australia, making it suitable for various property types from holiday homes to urban apartments offered for short-term stays.

What sections should be included in a Short Term Rental Management Agreement?

1. Parties: Identifies and provides full details of the Property Owner and the Property Manager

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

3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation

4. Appointment and Term: Specifies the appointment of the property manager, duration of the agreement, and renewal terms

5. Property Manager's Services: Comprehensively lists all standard services to be provided, including marketing, booking management, guest communications, and maintenance coordination

6. Property Manager's Authority: Defines the scope of the manager's decision-making authority and spending limits

7. Fees and Charges: Details the management fees, commission structure, and any additional service charges

8. Owner's Obligations: Lists the property owner's responsibilities, including maintaining property standards and insurance

9. Financial Management: Outlines procedures for rent collection, trust account management, and owner payments

10. Maintenance and Repairs: Specifies processes for routine maintenance and emergency repairs

11. Insurance and Liability: Details required insurance coverage and allocation of liability between parties

12. Termination: Specifies conditions and procedures for ending the agreement

13. Dispute Resolution: Outlines the process for resolving disputes between parties

14. General Provisions: Includes standard legal clauses such as governing law, notices, and entire agreement

What sections are optional to include in a Short Term Rental Management Agreement?

1. Special Services: Additional services beyond standard management, such as concierge services or special marketing programs

2. Multiple Property Management: Used when the owner has multiple properties under management

3. Seasonal Variations: Special terms for properties with significant seasonal variations in pricing or operations

4. Owner's Use: Terms regarding the owner's personal use of the property

5. Property Staff: Required when the property includes dedicated staff such as cleaners or maintenance personnel

6. Marketing Guarantees: Optional performance guarantees or minimum income provisions

7. Body Corporate Compliance: Required for properties in strata or community title schemes

What schedules should be included in a Short Term Rental Management Agreement?

1. Property Details: Comprehensive description of the property, including address, features, and inclusions

2. Fee Schedule: Detailed breakdown of all fees, charges, and commission structures

3. Service Level Agreement: Specific performance metrics and service standards

4. Maintenance Schedule: Regular maintenance requirements and schedules

5. Inventory List: Detailed list of furnishings and equipment included in the rental

6. House Rules: Specific rules and guidelines for guest use of the property

7. Marketing Plan: Detailed marketing strategy and platforms to be used

8. Emergency Contacts: List of emergency contacts and procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Australia

Publisher

Genie AI

Sector

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Property Management

Tourism and Hospitality

Short-term Accommodation

Professional Services

Property Services

Holiday Rentals

Relevant Teams

Legal

Operations

Property Management

Sales

Marketing

Guest Relations

Compliance

Finance

Facilities Management

Business Development

Relevant Roles

Property Manager

Real Estate Agent

Business Development Manager

Operations Manager

Legal Counsel

Contract Administrator

Property Services Coordinator

Account Manager

Compliance Officer

Sales Manager

Guest Relations Manager

Facilities Manager

Revenue Manager

Marketing Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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