The Short Term Rental Management Agreement is designed for use in the Philippine market where property owners seek to delegate the management of their properties for short-term rental purposes to professional management companies. This document has become increasingly important with the growth of the short-term rental market and digital booking platforms in the Philippines. It establishes a clear framework for the management relationship, covering crucial aspects such as property marketing, guest services, maintenance, financial management, and regulatory compliance. The agreement ensures alignment with Philippine property laws, tourism regulations, and local government requirements while protecting both parties' interests. It is particularly relevant in tourist areas and urban centers where short-term rentals have become a significant part of the accommodation sector.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
Alternatively...
1. Parties: Identifies and provides full details of the Property Owner and the Management Company, including registration details and addresses
2. Background: Establishes the context of the agreement, confirming the owner's right to rent the property and the management company's expertise in short-term rental management
3. Definitions: Defines key terms used throughout the agreement including Property, Services, Booking Platforms, Rental Income, etc.
4. Appointment and Term: Specifies the appointment of the management company, exclusivity (if any), and duration of the agreement including renewal terms
5. Property Details: Describes the property being managed, including its address, features, and included furnishings/equipment
6. Management Services: Details the specific services to be provided by the management company, including marketing, booking management, guest communications, etc.
7. Financial Terms: Outlines management fees, commission structure, handling of rental income, payment terms, and expense management
8. Maintenance and Repairs: Specifies responsibilities and procedures for property maintenance, including spending limits and emergency repairs
9. Booking and Pricing: Details the booking process, pricing strategy, minimum stays, and cancellation policies
10. Reporting and Accounting: Describes financial reporting requirements, frequency of reports, and accounting procedures
11. Insurance and Liability: Outlines insurance requirements and allocation of liability between parties
12. Termination: Specifies conditions for termination, notice periods, and post-termination obligations
13. General Provisions: Includes standard legal provisions such as governing law, dispute resolution, and force majeure
1. Multiple Property Management: Additional terms for managing multiple properties, used when the owner has multiple units under management
2. Staff and Contractors: Detailed provisions about on-site staff or regular contractors, needed for larger properties requiring dedicated personnel
3. Property Improvement: Terms regarding property upgrades and improvements, included when significant renovations or improvements are planned
4. Marketing Budget: Specific provisions about marketing expenditure and strategy, used when substantial marketing efforts are required
5. Revenue Guarantees: Minimum revenue guarantees from the management company, included when such guarantees are part of the business arrangement
6. Special Use Provisions: Additional terms for properties with special features (pool, gym, etc.) or located in special zones
1. Schedule A - Property Inventory: Detailed inventory of furniture, appliances, and equipment included in the rental
2. Schedule B - Service Level Agreement: Specific performance metrics and service standards for the management company
3. Schedule C - Fee Structure: Detailed breakdown of all fees, commissions, and charges
4. Schedule D - Maintenance Schedule: Regular maintenance tasks and their frequency
5. Schedule E - House Rules: Rules and regulations for guests staying at the property
6. Appendix 1 - Property Photos: Current photographs documenting the property's condition
7. Appendix 2 - Required Permits: Copies of all relevant permits and licenses
8. Appendix 3 - Emergency Procedures: Emergency contact information and procedures
Authors
Find the document you need
Cash Management Services Agreement
A Philippine law-governed agreement establishing terms for bank-provided cash management services, including electronic banking, security protocols, and regulatory compliance requirements.
Download
Managerial Agreement
A Philippine law-governed employment agreement for managerial positions, defining terms, conditions, and obligations for managers and executives.
Download
Commercial Property Management Contract
A Philippine law-governed agreement between property owners and management companies for professional commercial property management services.
Download
Hotel Management Contract Agreement
A Philippine law-governed agreement between hotel owner and management company establishing terms for professional hotel operation and management services.
Download
Talent Management Contract
A Philippine law-governed agreement establishing the professional relationship between a talent management agency and their talent, defining representation terms and mutual obligations.
Download
Management Agreement Between Two Companies
A Philippine law-governed agreement establishing terms and conditions for one company to provide management services to another company.
Download
Office Manager Employment Agreement
A comprehensive employment agreement template for Office Manager positions, compliant with Philippine labor laws and employment regulations.
Download
Management Company Agreement
A Philippine-law governed agreement establishing terms for professional management services, including scope, responsibilities, and operational guidelines.
Download
Management Company Contract
A Philippine law-governed agreement establishing terms for professional management services between a management company and client company, including service scope, responsibilities, and compliance requirements.
Download
Condominium Management Agreement
A Philippine law-governed agreement between a condominium corporation and management company for comprehensive property management services.
Download
Restaurant Manager Contract
A comprehensive employment agreement for restaurant managers in the Philippines, compliant with local labor laws and industry regulations.
Download
Residential Leasing And Property Management Agreement
A Philippine-compliant agreement between property owners and management companies for residential property management services, including tenant management and maintenance services.
Download
Branch Manager Agreement
A Philippine law-governed agreement establishing terms and conditions for Branch Manager appointment, including duties, compensation, and compliance requirements.
Download
Short Term Rental Management Agreement
A Philippine law-governed agreement between property owners and management companies for short-term rental property management services.
Download
Management Services Agreement
A Philippine law-governed agreement establishing terms for management services provision, including scope, responsibilities, and compliance requirements.
Download
Director Employment Agreement
A Philippine law-governed agreement establishing the employment terms and conditions between a company and its director.
Download
Hotel Management Contract
A Philippine law-governed agreement between hotel owner and management company establishing terms for professional operation of a hotel property.
Download
Waste Disposal Agreement
A Philippine law-governed agreement establishing terms for professional waste disposal services, ensuring compliance with local environmental regulations.
Download
General Manager Contract
A Philippine-law governed employment agreement for General Manager positions, outlining key terms, conditions, and responsibilities of the role.
Download
Management Agreement Contract
A Philippine law-governed agreement establishing terms and conditions for professional management services between a company and a management service provider.
Download
Facility Management Contract
A Philippine law-governed agreement establishing terms for professional facility management services, including maintenance, operations, and compliance requirements.
Download
Event Planner Contract Agreement
A Philippine law-governed agreement between an event planner and client defining services, responsibilities, and terms for event planning and execution.
Download
Property Management Contract
A legal agreement under Philippine law establishing terms for professional property management services, including operational responsibilities and compliance requirements.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your data is private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
