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Short Term Rental Management Agreement

Short Term Rental Management Agreement Template for Indonesia

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Key Requirements PROMPT example:

Short Term Rental Management Agreement

"I need a Short Term Rental Management Agreement for my luxury villa in Bali, with specific provisions for staff management and premium guest services, to be effective from March 2025, and I want to include strict performance metrics for the management company."

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Document background
The Short Term Rental Management Agreement is designed for use in the Indonesian market where property owners seek professional management services for their short-term rental properties. This document becomes necessary when property owners want to delegate the day-to-day management of their rental properties to a professional management company, particularly for properties listed on vacation rental platforms or used for tourist accommodation. The agreement complies with Indonesian civil law, tourism regulations, and property management requirements, providing a comprehensive framework for the relationship between the owner and manager. It covers essential aspects such as service scope, fee structures, operational procedures, maintenance responsibilities, and revenue handling, while incorporating local legal requirements for property management and short-term rentals. This document is particularly relevant given the growth of Indonesia's tourism sector and the increasing popularity of managed short-term rental properties.
Suggested Sections

1. Parties: Identification of the Property Owner and the Property Management Company, including their complete legal names, addresses, and registration details

2. Background: Context of the agreement, including brief description of the property and the parties' intention to enter into a management arrangement

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Short-Term Rental', 'Management Services', 'Booking Platform', etc.

4. Appointment and Scope of Services: Formal appointment of the manager and detailed description of management services to be provided

5. Term and Termination: Duration of the agreement, renewal terms, and conditions for termination by either party

6. Manager's Obligations: Comprehensive list of the manager's responsibilities including marketing, guest screening, check-in/out, cleaning, maintenance

7. Owner's Obligations: Property owner's responsibilities including maintaining necessary permits, insurance, and property conditions

8. Financial Terms: Management fees, commission structure, payment terms, and handling of rental income

9. Booking and Rental Policies: Rules for setting rental rates, minimum stay requirements, cancellation policies

10. Maintenance and Repairs: Procedures for routine maintenance and emergency repairs, including spending authority limits

11. Insurance and Liability: Required insurance coverage and allocation of risks between parties

12. Governing Law and Dispute Resolution: Applicable law and procedures for resolving disputes

Optional Sections

1. Multiple Property Provisions: Additional terms for owners with multiple properties under management - used when the owner has more than one property

2. Property Staff Management: Terms regarding management of on-site staff - included when the property has dedicated staff

3. Revenue Guarantees: Minimum revenue guarantees by the management company - optional section for premium management services

4. Special Amenities Management: Specific terms for managing special facilities like pools, gyms, etc. - included when applicable

5. Marketing Commitments: Specific marketing obligations and budgets - included for properties requiring enhanced marketing

6. Exclusivity Provisions: Terms preventing the owner from using other management services - included when exclusive rights are granted

7. Property Development Provisions: Terms regarding ongoing or planned property improvements - included for properties under development

Suggested Schedules

1. Schedule A - Property Details: Detailed description of the property, including address, features, amenities, and inventory of furnishings

2. Schedule B - Fee Structure: Detailed breakdown of management fees, commission rates, and other charges

3. Schedule C - Service Level Agreement: Specific performance metrics and service standards for the management company

4. Schedule D - Maintenance Schedule: Regular maintenance tasks and their frequency

5. Schedule E - Approved Contractors: List of pre-approved contractors for maintenance and repairs

6. Appendix 1 - House Rules: Rules and regulations for guests staying at the property

7. Appendix 2 - Emergency Procedures: Emergency contact information and procedures

8. Appendix 3 - Marketing Plan: Detailed marketing strategy and platform listings

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions
















































Clauses














































Relevant Industries

Real Estate

Property Management

Hospitality

Tourism

Short-term Rentals

Vacation Rentals

Property Services

Accommodation Services

Relevant Teams

Legal

Operations

Property Management

Revenue Management

Business Development

Compliance

Finance

Facilities Management

Guest Relations

Marketing

Relevant Roles

Property Manager

Real Estate Manager

Operations Director

Legal Counsel

Contract Manager

Business Development Manager

Revenue Manager

Asset Manager

Hospitality Manager

Property Owner

General Manager

Facilities Manager

Regional Property Director

Compliance Officer

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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