Property Eligibility & Standards

Property Requirements

• Property must be legally authorized for short-term rental use in its jurisdiction
• Owner must possess all required local licenses, permits, and registrations
• Property must meet Experience A Vacay's quality and safety standards
• Property must accommodate minimum 6 guests with preference for larger capacity (8-14+ guests)
• All utilities, Wi-Fi, and essential amenities must be fully functional

Property Condition Standards

• Property must be clean, well-maintained, and move-in ready
• All furnishings, appliances, and fixtures must be in good working condition
• Property must comply with local safety codes and regulations
• Regular maintenance and upkeep must be maintained throughout listing period

Service Structure & Responsibilities

Experience A Vacay Services

• Complete booking management and guest communication
• Professional photography and listing optimization
• Dynamic pricing strategy and revenue optimization
• Guest screening and verification processes
• 24/7 guest support during stays
• Property maintenance coordination
• Professional cleaning services between bookings
• Linen and supply management
• Marketing and promotional activities
• Insurance claim assistance

Owner/Manager Responsibilities

• Maintain property in excellent condition
• Provide accurate property information and disclosures
• Ensure compliance with all local laws and regulations
• Maintain adequate property insurance coverage
• Respond promptly to maintenance requests
• Keep all licenses and permits current
• Notify Experience A Vacay of any property changes or issues

Financial Terms

Commission Structure

Experience A Vacay retains a service fee percentage of gross booking revenue to cover comprehensive management services, with specific rates detailed in the full agreement based on property type and services selected.

Payment Terms

• Owner payments processed monthly within 15 business days
• Direct deposit to designated owner bank account
• Detailed monthly statements provided
• Maintenance and repair costs deducted from owner proceeds with prior approval

Pricing Authority

Experience A Vacay maintains authority to set nightly rates, seasonal pricing, and promotional rates to optimize occupancy and revenue, with owner input considered.

Booking & Guest Policies

Reservation Management

• Experience A Vacay handles all booking confirmations and modifications
• Minimum stay requirements established based on property and season
• Guest capacity strictly enforced per property specifications
• No smoking and no pets policies unless specifically approved

Cancellation Policy

Standard cancellation policies apply with flexibility during exceptional circumstances. Specific terms outlined in full agreement.

Insurance & Liability

Required Insurance

• Owner must maintain comprehensive property insurance
• Liability coverage minimum $1,000,000 recommended
• Experience A Vacay maintains additional liability coverage for management operations

Damage Protection

• Security deposits collected from guests for potential damages
• Property damage claims processed through established procedures
• Documentation requirements for all damage claims

Property Access & Maintenance

Access Rights

• Guest check-ins and emergencies
• Routine maintenance and repairs
• Professional cleaning services
• Property inspections and photography updates

Maintenance Protocol

• Preventive maintenance schedules established
• Emergency repair authorization for amounts under specified thresholds
• Major repairs require owner approval except in emergency situations
• All maintenance documented and reported to owner

Term & Termination

Agreement Duration

Initial term typically 12 months with automatic renewal options, subject to terms in full agreement.

Termination Conditions

Either party may terminate with 30-day written notice, subject to existing booking commitments and specific conditions outlined in the full agreement.

Post-Termination

• Existing bookings honored through completion
• Final accounting and payment within 30 days of termination
• Return of any owner property and materials

Legal Compliance

Regulatory Compliance

• Owner responsible for compliance with all local short-term rental laws
• Experience A Vacay assists with compliance guidance but owner maintains legal responsibility
• Any violations or penalties are owner's responsibility

Fair Housing Compliance

All parties must comply with fair housing laws and anti-discrimination requirements.

Data & Privacy

Owner information handled according to Experience A Vacay's Privacy Policy. Property performance data and guest information remain confidential and proprietary.

Dispute Resolution

Disputes resolved through mediation and binding arbitration as specified in the full Owner/Manager Listing Agreement.

Agreement Execution

This summary does not constitute the complete agreement. Full terms and conditions detailed in the comprehensive Owner/Manager Listing Agreement, which must be signed before property listing activation.

For complete terms and conditions, contact Experience A Vacay at [contact information] to receive and execute the full Owner/Manager Listing Agreement.