The Management Of Short-Let Properties

The Scope of a Short-Let Property Management Agreement

It is common practice that the letting of a short-let property, as one that has been leased for a short period of time and which is not for permanent residential purposes, is overseen by a property manager on behalf of the property owner. Such a relationship may be regulated by a short-let property management agreement, which consists of a legally binding contract detailing the rights and responsibilities of each party. In this regard, Companies such as Airbnb or Booking.com for instance, may engage individuals to manage the complete running of the property, wherein the property manager is the person responsible of all tasks and responsibilities to operate a successful property management business.