The Holiday Let Management Contract is essential for property owners seeking professional management of their holiday rental properties in England and Wales. This agreement defines the scope of services, responsibilities, and commercial terms between owners and management companies. It covers crucial aspects such as marketing, bookings, maintenance, guest services, financial reporting, and regulatory compliance. The document is particularly important given the complex regulatory environment surrounding holiday lettings and the need to protect both parties' interests while ensuring high-quality guest experiences.
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1. Parties: Details of the property owner and management company
2. Background: Context of the agreement and property details
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Scope of management services and duration of agreement
5. Management Company's Obligations: Core responsibilities including marketing, bookings, maintenance
6. Property Owner's Obligations: Owner's responsibilities and commitments
7. Fees and Payment Terms: Management fees, commission structure, payment schedule
8. Insurance and Liability: Required insurance coverage and liability provisions
9. Termination: Conditions for ending the agreement
1. Marketing Strategy: Detailed marketing approach - used for premium properties requiring specific marketing attention
2. Revenue Guarantees: Minimum income guarantees - used when management company offers income protection
3. Property Improvement Plan: Planned upgrades and improvements - used for properties requiring renovation or regular upgrades
4. Staff Accommodation: Terms for on-site staff - used for larger properties with dedicated staff
1. Schedule 1: Property Details: Detailed description of property, inventory, and contents
2. Schedule 2: Management Services: Detailed breakdown of services provided
3. Schedule 3: Fee Structure: Detailed breakdown of all fees and charges
4. Schedule 4: Property Standards: Required maintenance and cleaning standards
5. Appendix A: Booking Terms and Conditions: Standard guest booking terms
6. Appendix B: Emergency Procedures: Emergency contact details and procedures
Relevant legal definitions
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