1. Scope of Services & Property Management
The Company agrees to act as the exclusive manager and operator of the accommodation property. Responsibilities under this scope include, but are not limited to:
- Guest Services: Direct management of guest check-ins, check-outs, handling inquiries, and resolving complaints.
- Property Upkeep & Maintenance: Managing routine maintenance, emergency repairs, and overall aesthetic preservation of the premises.
- Tenant/Guest Selection: In accordance with local landlord-tenant laws, managing guest vetting, lease agreements (where applicable), and room allocations.
2. Legal Compliance & Licensing
- Regulatory Standards: The Company shall operate in strict accordance with all state, national, and local regulations governing hospitality and housing industries.
- Professional Licensing: Depending on the jurisdiction, the Company and its designated property managers shall maintain active professional credentials, such as a real estate broker's license or hospitality operation permits, required to legally conduct business.
3. Sustainable Operations & Efficiency
To ensure the long-term viability and ecological responsibility of the business, the Company will implement and maintain sustainable property practices:
- Energy Efficiency: Active deployment of smart climate control systems, motion-sensor timers, and LED lighting transitions throughout the property.
- Resource Conservation: Implementation of water-saving fixtures and structured waste reduction, recycling, and composting strategies.
4. Financial Obligations & Management
The Company will oversee the financial health of the property operations, utilizing standard accounting frameworks to handle:
- Fixed Charges & Operating Costs: Regular processing of utility bills, staff payroll, vendor fees, and insurance premiums.
- Debt Service & Capital Allocations: Structured management of capital costs for structural upgrades, alongside allocating funds toward long-term debt servicing related to property development.
- Revenue Collection: Standardized collection of guest fees, cancellation charges, and security deposits, with transparent monthly financial reporting provided to stakeholders.
5. Term, Termination, and Liability
- Duration: This agreement shall remain in effect for a baseline period of 5 years, and shall automatically renew unless explicitly terminated from the admin's end.
- Termination Indemnity: Either party may terminate this contract with prior written notice of a few days. Breach of compliance, failure of financial obligation, or gross negligence provides grounds for immediate termination.
- Limitation of Liability: The Company acts as an operational manager and is not liable for structural property damage resulting from acts of self will, or pre-existing structural defects.
6. Breaching Act
Anyone caught breaching any of our termed policy will leave us with no option but termination from our services after proper investigation and proof.
Let it be known also that those with evil intentions are short-lived with us — upon catch-up, there will be no negotiation.