The Ultimate Guide to Sample Short Term Rental Agreement

Short term rentals become popular rise platforms Airbnb VRBO. If property owner rent space short term basis, crucial well-drafted rental agreement place protect interests.

What is a Short Term Rental Agreement?

A short term rental contract property owner tenant rental property short period time, less 30 days. This agreement outlines the terms and conditions of the rental, including the rental period, rent amount, security deposit, and other important provisions.

Key Components of a Sample Short Term Rental Agreement

When creating a short term rental agreement, it is important to include the following key components:

Component	Description
Rental Property Information	Include the address and description of the rental property.
Rental Period	Specify the start and end dates of the rental period.
Rent Amount	Outline the total rent amount and due date for payment.
Security Deposit	Detail amount security deposit conditions return.
House Rules	List any specific rules or regulations for the rental property.
Cancellation Policy	Specify the terms for cancellation and any associated fees.

Case Study: Importance of a Well-Drafted Rental Agreement

John, a property owner, rented out his vacation home on a short term basis without a proper rental agreement in place. Unfortunately, the tenant caused significant damage to the property and refused to pay for the repairs. As a result, John incurred substantial financial losses and legal fees due to the lack of a comprehensive rental agreement.

Key Takeaway:

Having a well-drafted short term rental agreement can protect property owners from potential risks and liabilities associated with renting out their property.

Sample Short Term Rental Agreement Template

Below is a sample template for a short term rental agreement that you can use as a starting point for creating your own agreement:

Sample Short Rental Agreement
Download Sample Short Term Rental Agreement

Having a well-drafted short term rental agreement is essential for property owners to protect their interests and mitigate potential risks. By including key components such as rental property information, rental period, rent amount, security deposit, and house rules, property owners can ensure a smooth rental experience for both themselves and their tenants.

Short Term Rental Agreement

This Short Term Rental Agreement (the “Agreement”) effective date last signature (the “Effective Date”), between Landlord Tenant, short-term rental Property specified below.

1. Property	The Landlord agrees rent Tenant property located [insert address] (the “Property”), duration Agreement.
2. Term	The initial term rental shall begin [insert start date] end [insert end date] (the “Term”).
3. Rent	The Tenant agrees to pay the Landlord a total rent of [insert rent amount] for the Term, payable in full on the Effective Date.
4. Use Property	The Tenant shall use the Property solely for residential purposes and shall not use the Property for any illegal or immoral purposes.
5. Security Deposit	The Tenant shall pay a security deposit of [insert deposit amount] upon signing this Agreement, which will be returned to the Tenant within 30 days of the end of the Term, less any deductions for damages or repairs.
6. Governing Law	This Agreement shall be governed by and construed in accordance with the laws of [insert state or country], without giving effect to any principles of conflicts of law.
7. Entire Agreement	This Agreement contains the entire understanding of the parties and supersedes all prior or contemporaneous agreements, whether written or oral.

Frequently Asked Legal Questions about Sample Short Term Rental Agreement

Question	Answer
1. What should be included in a sample short term rental agreement?	A sample short term rental agreement should include details such as the names of the parties involved, the property address, rental term, rental amount, security deposit, house rules, and signatures of both parties. It`s important to cover all the bases to avoid any potential disputes.
2. Is it necessary to have a written short term rental agreement?	Yes, having a written short term rental agreement is highly recommended to protect both the landlord and the tenant. Verbal agreements can lead to misunderstandings and disputes, so it`s best to have everything in writing.
3. What are the key differences between a short term rental agreement and a long term lease?	A Short Term Rental Agreement typically shorter duration, days months, long term lease usually year more. Additionally, short term rental agreements may not require as much detail as a long term lease, but they should still clearly outline the terms of the rental.
4. Can a landlord include specific house rules in a short term rental agreement?	Yes, a landlord can include specific house rules in a short term rental agreement to ensure that the property is well-maintained and that tenants are respectful of the space. Common house rules may include restrictions on smoking, pets, and noise levels.
5. What happens if a tenant breaches the terms of a short term rental agreement?	If a tenant breaches the terms of a short term rental agreement, the landlord may have the right to terminate the agreement and evict the tenant. However, the specific legal process will depend on the laws of the jurisdiction where the property is located.
6. Can a landlord increase the rent during the term of a short term rental agreement?	Generally, a landlord cannot unilaterally increase the rent during the term of a short term rental agreement unless there is a specific provision in the agreement allowing for rent increases. It`s important for both parties to understand and agree to any potential rent changes before signing the agreement.
7. What should a landlord do to protect the security deposit in a short term rental agreement?	A landlord should follow the legal requirements for handling security deposits, which may include placing the deposit in a separate account, providing an itemized list of deductions, and returning the deposit within a certain timeframe after the end of the tenancy. Failure to comply with these requirements could result in legal consequences for the landlord.
8. Is it necessary to have a lawyer review a sample short term rental agreement?	While it`s not always necessary to have a lawyer review a sample short term rental agreement, it can provide peace of mind and ensure that both parties fully understand their rights and obligations. A lawyer can also help tailor the agreement to specific legal requirements and address any potential concerns.
9. Can a tenant sublet the property under a short term rental agreement?	Whether tenant sublet property Short Term Rental Agreement depend terms agreement laws jurisdiction. Some agreements may expressly prohibit subletting, while others may allow it with the landlord`s consent.
10. What steps should a landlord take at the end of a short term rental agreement?	At the end of a short term rental agreement, a landlord should conduct a thorough inspection of the property, document any damages, and return the security deposit to the tenant after deducting any valid expenses. It`s important to follow the legal requirements for handling the end of the tenancy to avoid potential disputes.