Vacation Rental Property Management Agreement

Quebec English Civil law Unannotated

Vacation Rental Property Management Agreement

  1. Documents

  2. Contrat de gestion - Centre de... Contrat de gestion - Centre de villégiature

    F04250 -
    Quebec French Civil law Unannotated Long form

    $99.99

    $99.99

  3. Vacation Rental Property Management... Vacation Rental Property Management Agreement

    F04250a -
    Quebec English Civil law Unannotated

    $99.99

    $99.99

Vacation Rental Property Management Agreement

Some people decide to invest in a vacation rental property, but do not wish to personally handle the logistics of renting out the property. This agreement should be used to clearly define the terms between the property owner and the company offering its management services.

Defining the property management services can be fairly complicated, and so this template sets out the main elements of the legal and financial framework within which such services will be provided.

Vacation Rental Property Management Agreement

We recommend using this document to manage the legal relationship between parties in the case where an owner has invested in vacation property and wants to retain the management services of a company or individual who will rent the unit to third parties.

Vacation Rental Property Management Agreement

0.00 INTERPRETATION
0.01 Definitions
0.01.01 Agreement
0.01.02 Best Effort
0.01.03 Breach
0.01.04 Change in Control
0.01.05 Client
0.01.06 Confidential Information
0.01.07 Co-ownership
0.01.08 Encumber or Encumbrance
0.01.09 Event of Default
0.01.10 Financial Year
0.01.11 Force Majeure
0.01.12 Fundamental Provisions
0.01.13 Legal Representatives
0.01.14 Other Proprietors
0.01.15 PARTY
0.01.16 Person
0.01.17 Prime Rate
0.01.18 Proportion
0.01.19 Related Person
0.01.20 Rental Expenses
0.01.21 Subsidiary
0.01.22 Rental Income
0.01.23 Unit
0.02 Precedence
0.03 Jurisdiction
0.03.01 Governing Law
0.03.02 Non-compliance
0.04 Miscellaneous
0.04.01 Cumulative Rights
0.04.02 Time and Dates
0.04.03 Financial References
0.04.04 References within Agreement
0.04.05 Gender and Number
0.04.06 Headings
0.04.07 Presumptions
0.04.08 Knowledge
0.04.09 Approval
0.04.10 GAAP
1.00 PURPOSE
1.01 Legal Transaction
1.02 Conditions
1.02.01 Required by PROPRIETOR
1.02.02 Required by MANAGER
1.02.03 Choice
2.00 CONSIDERATION
3.00 TERMS OF PAYMENT
3.01 Deduction
3.02 Interest
3.03 Loss of Term
4.00 SECURITY
4.01 In favour of PROPRIETOR
4.02 In favour of MANAGER
5.00 MUTUAL REPRESENTATIONS AND WARRANTIES
5.01 Status
5.02 Authority
5.03 Binding Agreement
5.04 Canadian Resident
5.05 Commission
5.06 Insurance
5.07 Nominee
5.08 Fundamental Provisions
5.09 Disclosure
6.00 REPRESENTATIONS AND WARRANTIES OF THE PROPRIETOR
6.01 No Warranties
7.00 REPRESENTATIONS AND WARRANTIES OF THE MANAGER
7.01 Competence
7.02 Solvability
7.03 Other Businesses
8.00 MUTUAL DUTIES AND OBLIGATIONS
8.01 Confidential Information
8.01.01 Undertaking
8.01.02 End of Agreement
8.02 Insurance
8.02.01 Insured Risks
8.02.02 Amount of Coverage
8.02.03 Issuer
8.02.04 Co-insured
8.02.05 No Limitation
8.03 Indemnification
8.03.01 “Loss”
8.03.02 Scope
8.03.03 Procedure
8.03.04 Deductible
8.03.05 Limitation on Claims
8.04 Disclosure of Agreement
9.00 DUTIES AND OBLIGATIONS OF THE PROPRIETOR
9.01 Working Capital
9.01.01 Initial Installment
9.01.02 Default
9.01.03 Income and Expense Guarantee
9.02 Reimbursement by PROPRIETOR
9.02.01 Advance
9.02.02 Interests
10.00 DUTIES AND OBLIGATIONS OF THE MANAGER
10.01 Best Effort
10.02 Duties
10.02.01 Powers
10.02.02 Major Work
10.02.03 Urgent Work
10.03 Financial Statements
10.04 Registers and Accounting Books
10.05 Access to Books and Information
10.06 Respect of Legislation
10.07 Legal Proceedings
10.08 Attribution of Rental Income and Expenses
10.09 Allocation of the Working Capital and the Rental Expenses attributed to the Unit
10.10 Rental Income and Rental Expense Guarantee
10.10.01 Awarding
10.10.02 Income
10.10.03 Expenses
10.10.04 Default
10.10.05 Discharge
10.10.06 Maximal Profit
10.10.07 Surplus
10.11 Annual Budget
10.11.01 Submittal
10.11.02 Operating Expenses
10.11.03 Initial Financial Years
10.12 Insurance Policy
10.12.01 Subscription
10.12.02 Beneficiary
11.00 SPECIAL PROVISIONS
11.01 Assignment
11.01.01 Prohibition
11.01.02 Effect of Breach
11.01.03 Exception
11.02 Force Majeure
11.02.01 No Default
11.02.02 Duty
11.02.03 Rights of Other PARTY
11.03 Relationship
11.03.01 Independent Contractors
11.03.02 No Control over Performance
11.03.03 No Authority to Bind
11.04 Further Assurances
11.05 Other Remedies
11.05.01 Choices
11.05.02 No Limitations
11.06 Prescription
11.07 Exclusivity
11.08 Right to Vote
11.09 Management of the Bank Account
11.10 Common Management
11.11 Non-Liability
11.12 Formalities
11.13 Occupancy of the Unit by PROPRIETOR and Clients Referral
11.13.01 Waiving
11.13.02 Rental Modalities
11.13.03 Credit
12.00 GENERAL PROVISIONS
12.01 Notice
12.02 Dispute Resolution
12.02.01 Good Faith Negotiations
12.02.02 Mediation
12.02.03 Arbitration
12.03 Election
12.04 Counterparts
12.05 Amendment
12.06 Waiver of Rights
12.07 Electronic Transmission
12.08 Language
13.00 TERMINATION
13.01 Mutual Consent
13.02 Unilateral Termination
13.03 Cancellation
13.03.01 By PROPRIETOR
13.03.02 By MANAGER
13.03.03 Other recourses
13.04 Transition
13.05 Survival of the Obligations
14.00 EFFECTIVE DATE
14.01 Retroactivity
14.02 Execution
14.03 Deferral
15.00 DURATION
15.01 Probationary or Trial Period
15.02 Initial Term
15.03 Renewal Option
15.04 Survival
16.00 SCOPE

Vacation Rental Property Management Agreement

  1. Documents

  2. Contrat de gestion - Centre de... Contrat de gestion - Centre de villégiature

    F04250 -
    Quebec French Civil law Unannotated Long form

    $99.99

    $99.99

  3. Vacation Rental Property Management... Vacation Rental Property Management Agreement

    F04250a -
    Quebec English Civil law Unannotated

    $99.99

    $99.99