Management of tourist apartments > Revenue Management

Elina

10/4/2023

What should a vacation rental contract contain

If you have a property that you have decided to rent out for short stays, you must always sign a vacation rental agreement and make sure its content complies with the law. Let's take a closer look at how to do it to make everything legal.

What is a tourist rental agreement

The first thing you should know is what is considered vacation rental. It is the rental of a property for short periods of time, its main characteristic is that the rental is not made to satisfy a permanent housing need of the tenant but other needs. For example, if you have moved from one city to another to work or to spend a few days on vacation.

Consequently, a vacation rental contract is an agreement between the owner and tenant by virtue of which the lessor cedes the temporary use and enjoyment of their home to their guest in exchange for a price.

The obligation to sign a tourist rental agreement depends on the regulations of each Autonomous Community, although in most cases it is required to sign a contract. If in the autonomy where you have the property it is not required to sign a contract, it is still advisable to do so. This document is the best way for both parties to know their rights and obligations.

What should a vacation rental contract contain

The data that must necessarily appear in a document of this type are, first of all, a detailed description of the property that is the subject of the contract. Specifying issues such as the address of the dwelling, its surface area and distribution.

It must also be determinedthe rental period, setting the date and time of arrival and departure. In this sense, so that the delivery of the keys does not become a problem for the landlord and tenant, you can opt for the smart lock system.

The lessor and lessee can agree on any term, but if they don't, the contract will be understood to last one year.

However, regardless of the agreed duration, the tenant will have the right to extend the contract for a minimum of three years' duration.

The data of both contracting parties, the rental price and the accepted payment methods will also be included.

In addition to this essential content, it is advisable to include other provisions such as the maximum number of people who can occupy the dwelling, the acceptance or prohibition of pets, expenses included in the price, and even clauses for early termination of the contract.

Other information that would be interesting to add as an annex to the contract is an inventory detailing everything that is in the dwelling at the time the tenant arrives. Thus, if damage occurs or something disappears, a corresponding claim can be made.

As important as the content is the signature. The document must always besigned by both parties at the end of the document and also on the left margin of each of the pagesthat make up the contract, as well as any attachments.

A vacation rental contract is a simple document to prepare that provides security for both the owner and the guest. Therefore, you should not hesitate to have your own model and use it whenever you rent out your home.

Here you can download for free the Model tourist accommodation rental agreement.