Our Property Document portfolio now includes Terms & Conditions for Agencies specialising in the management of Airbnb-type rental properties.
In recent years there has been a huge increase in the use of websites such as Airbnb, where home owners can advertise a room or a whole property as available for a short-term let. Short-term lets are generally more lucrative than longer term lets, generating up to three times the income.
However, many owners of short-term holiday accommodation do not have the time or specialist knowledge required to handle bookings and management of the property themselves. A new type of property management service has entered the market to meet the needs of such landlords - the Airbnb management agency. These agencies offer a similar service to a standard holiday property agency but tailored to the specific requirements of Airbnb landlords.
Our new Terms and Conditions for Airbnb Agency allow for agencies to provide a “full” service, where the agency deals with marketing and bookings, as well as management during guest stays, or a “management only” service, where the agency’s role is more limited. When used in conjunction with an Agency Appointment Form, a binding contract is created between the agency and the owner.
The contents of this Newsletter are for reference purposes only and do not constitute
legal advice. Independent legal advice should be sought in relation to any specific