How to Create a Vacation Rental Contract

Here are the top 10 things to include in your vacationdown prices from your property's website or during a
rental agreement form:phone conversation. The total rental rate, including all
1. Contact information. Although it seems obvious,applicable fees and taxes, should be included in your
your vacation rental agreement should include all ofvacation rental lease.
your relevant contact information, including the6. Payment schedule. Just because the renters know
address of the vacation rental property.the cost of your property does not mean they
2. Pet & Smoking Policies. It is your responsibilityknow when to pay! Your vacation rental lease
to let renters know about restrictions regarding petsagreement should provide a timeline for payments,
or smoking. Just because a renter says that heincluding deposits.
doesn't plan to bring a pet, you should still spell out7. Cancellation policy. In the event that a renter
your rules in your vacation rental contract in case heneeds to cancel his or her reservation, your vacation
changes his mind. Also, it cannot be assumed thatrental contract should spell out the penalties according
people will be courteous enough to not smoke into the time frame. As the date of the reservation
your home. Your vacation rental agreement formgets closer, it will be increasingly more difficult to fill
should define the penalties if it is determined that athose days with other renters. Therefore, the
renter has smoked in your home.penalties should be higher as the date nears.
3. Age and Maximum Occupancy. When screening8. Checkout Policy. Before your renters even arrive
your renters, you should be able to determine aat your home you should tell them what is expected
rough estimate for their age and how many peopleof them at the time of checkout. Let them know in
will be staying in your property. However, youryour vacation rental agreement form whether they
vacation rental contract should remind renters ofneed to take out trash, wash sheets, etc., so there
your rules regarding required parental supervision foris no confusion on the day of checkout when it really
designated age groups, along with the maximummatters!
occupancy of your home in case they are considering9. Provisions of damage deposit refund. When renters
bringing any extra guests.pay the damage deposit for your vacation home,
4. Check-in/Checkout Times. Clear communication ofthey should be aware of what is covered and what
the check-in and checkout dates and times isis expected of them in order to receive a full refund.
important, especially for coordinating the cleaningYour vacation rental contract should also explain the
housekeeping duties. If your guests arrive early, thepenalties for violating these provisions.
house might not be clean and could result in10. Storm policies. Vacation homeowners should use
complaints. If your guests stay too long, yourtheir vacation rental lease as a form of protection in
housekeeper might not have time to sufficiently cleanthe event of inclement weather. Spell out your storm
your home before the next group of renters. Yourand hurricane policy up front to avoid disagreements
renters should be made aware of these importantabout refunds down the road.
times, and your vacation rental lease agreementThis list is just a starting point for your vacation
should state the penalties if these times are notrental contract. Be as specific as possible and include
followed.detailed information to protect yourself and your
5. Total bill. You can not rely on your renters to writerenters.