Vacation Rental Agreement Form

This is the first year we decided to rent our Family Cottage in Canada as a vacation rental. We try to avoid some unexpected problems that we may not be aware.

If you have any suggestions, ideas and advice ... we'd love to hear.

The day / night rental is fixed for a very reasonable amount for the region, as we have received much interest.

We are charging a small deposit, which will be returned to their return to the sidelines and the place is confirmed that prior to their arrival. (Ie no harm ...)

Is there a standard short-term / contract hire holiday that I can use?

Any suggestions would be helpful!

Thank you

DEFINE Short term rental - it is important to establish that the lease is a short-term "transitional" lease. By definition, a "transient" rental falls within 30 days. There are certain rules and regulations that make short-term rental of a different long-term lease. Check with your local municipality, state and federal regulations regarding these laws.
Define the period RENTAL - Sure, it is important to define the rental period the tenant will be occupying the premises for. The rental period must also describe the check-in and check-out. Standard arrival time is usually between 3 and 4 hours and departure time standard is generally between 10 and 11 hours.
Late Fee - It is important to define your late fees on your property. While not a pleasant thing, you can sometimes tenants who stay for a longer period agreed. Sometimes it might be okay, but other times when you rent back to back, it is important to get your tenants in the morning to clean the house, then the next tenants in the same afternoon. The amount you charge is up to you, but it should be proportionate to the amount of the rent on time for a multiple increase. For example, if your house rent to $ 240 per night, while equivalent to $ 24 per hour, a fair fee may be $ 50 per hour or other rate of time they remain beyond the agreed time cash.
Rental rates - One of the most important aspects of your lease is the lease rate with all the details on living costs, the number of days the client is staying, subtotal, cleaning load taxes applicable security deposit and other costs (such as costs of lockout if a tenant locks themselves, etc.) related to the stay of the lease. The more detail you provide in this section, the better.
Refund Policy / CANCELLATION - A refund / cancellation is also essential to your lease and payment terms. It is important to detail what is your policy on refunds and cancellations. Industry standard dictates that a small deposit is normally due to the reservation unless the reservation is within 45 to 60 days. Other owners will refund the rental fee if they are able to reserve the house for another party during the same period of time. It is important for you to determine your own policies and to clearly identify the condition of your lease.
LEGAL STUFF - Other factors to consider are clauses such as arbitration, applicable law (what state, county, municipality, etc.) that governs the agreement in the case of a dispute.

I hope you have the owner's insurance, and you use an agent?

I imagine that the agent would get tenants to sign a sort of legal document for the period of stay.

Good luck.

Do not do it yourself, hire a management company. They have the legal forms and take care of everything for cleaning, etc. for you.

You should probably hire a company. You must respect the laws on the hotel, which are very different property A.