Rental ApplicationIt’s quite acceptable to ask clients to complete a form that provides basic information on the group that will occupy the property. This will give you the details to complete a rental agreement and can include names and ages of each member of the group; contact details, and any special requests your potential guests may have.
Rental AgreementThis is a legally binding document that is signed by owner and rental guest and defines the nature of the rental. It should include, as a minimum, the names and addresses of both parties to the agreement; dates of the rental period; rate to be paid; and maximum occupancy limits.
Terms & Conditions of RentalThe Terms and Conditions are set out to clarify the Owner's obligations to the Renter, the Renter's obligations to the owner, and in the very unlikely event of any disputes, the document can be used as a basis for any resolution.
Statement of AccountsRegardless of the payment terms you use, you need to have paperwork that shows when money has been collected, and if a deposit has been taken, when final payment is due. Each document should indicate the dates of the rental period and the name and address of the lead renter. If you collect sales tax, then your tax number will also be shown.
Leave a comment
Sign Up for Newsletter
Latest on Owner's Blog
Feb 18, 2014Let’s Buy a Vacation Rental!
I think we all do it. We’re on holiday in a fabulous vacation rental and decide this must be a great way of investing; reaping the benefits of rental and getting to use the place when we want. So, we … Continue reading
Dec 27, 2013Owners Should Get the Guest Experience
Every year I go to a vacation rental with my husband, son and daughter-in-law. This year we added a grand-daughter and there will be another next year so as you can imagine the experience is different every time as the … Continue reading
Nov 27, 2013Essential Information for Your Guests
When we become so familiar with a place and its individual quirks it’s easy to forget that guests may become confused over what seems like a very simple activity or procedure. For example, lighting a barbecue when the automatic starter … Continue reading