When it comes to renting out your property for short-term stays, it`s important to have a well-written rental agreement in place. A standard short-term rental agreement helps protect both the landlord and tenant by outlining the terms and conditions of the rental agreement.

Here are some key elements that should be included in a standard short-term rental agreement:

1. Rental Period: The rental agreement should clearly state the start and end date of the rental period. This helps avoid any confusion over when the tenant is entitled to occupy the property.

2. Rent: The rental agreement should state the rent amount and payment due date. It`s also important to outline any late fees or penalties that may be incurred if the tenant fails to pay rent on time.

3. Security Deposit: The rental agreement should state the amount of the security deposit and the terms for refunding it at the end of the rental period.

4. House Rules: It`s important to outline any house rules that the tenant must abide by during their stay. This can include guidelines for noise levels, smoking, pets, and more.

5. Maintenance and Repair: The rental agreement should state who is responsible for maintaining and repairing the property during the rental period. It`s important to clearly outline any repairs that the tenant is responsible for paying for.

6. Termination: The rental agreement should outline the terms for terminating the rental agreement early. This can include penalties for breaking the lease early or failing to comply with house rules.

7. Dispute Resolution: The rental agreement should outline the process for resolving any disputes between the landlord and tenant. This can include mediation or arbitration.

In summary, a well-written short-term rental agreement is essential when renting out your property for short-term stays. By outlining the terms and conditions of the rental agreement, you can protect yourself and your property while providing a clear understanding of expectations for the tenant.