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Property Management Agreement - 1935 S Glen Rd, Shelby, MI 49455.pdf

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Getting Started with LMC Please Fill Out and Return: 1. 2. 3. 4. 5. 6. 7. Rental Management Agreement Fee Schedule Information Addendum Availability Form Off Season Property Plan Form Direct Deposit Form W9 Thank you for choosing Lake Michigan Cottages Vacation Rental Management Agreement 1. TERM OF THIS VACATION RENTAL MANAGEMENT AGREEMENT A. This vacation rental agreement (the "AGREEMENT") is entered into by Mark and Allison Johnson _____________________________________________(the "OWNER") an

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Getting Started with LMC

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Rental Management Agreement
Fee Schedule
Information Addendum
Availability Form
Off Season Property Plan Form
Direct Deposit Form
W9

Thank you for choosing Lake Michigan Cottages

Vacation Rental Management Agreement
1. TERM OF THIS VACATION RENTAL MANAGEMENT AGREEMENT
A. This vacation rental agreement (the "AGREEMENT") is entered into by
Mark and Allison Johnson
_____________________________________________(the
"OWNER") and hereby grants Lake Michigan Cottages, LLC
(the "AGENT") the exclusive, irrevocable right and privilege to rent my vacation rental property located in
the City or Township of_______________________, ___________________County, Michigan commonly known and
1935 S. Glen Shelby, Michigan 49455
addressed as _______________________________________________
with the legal Tax
ID#_____________________________________________ (the "PROPERTY") to prospective renters (the "GUEST").
February 22
24 (the “EFFECTIVE
B. The initial term of this AGREEMENT shall commence on ____________________,20____.
DATE”) and shall automatically renew on September 30th of each subsequent year for successive twelve
(12) month term(s) unless notification of termination is provided in writing 30 days prior.
2. NATURE OF AGREEMENT
A. OWNER and AGENT agree that any questions, controversies, or claims arising under this AGREEMENT
shall be subject to the laws and statutes of the State of Michigan. Any claims or disputes must be filed in
the courts of Ottawa County, Michigan.
B. It is mutually agreed that maintaining the good will of all GUEST(s) and prospective GUEST(s),
exclusive of those destructive of the PROPERTY or in violation of rules and regulations, shall be the
paramount objective and both parties strive to meet this objective.
C. The OWNER understands that the services to be performed by AGENT relate only to the rental
marketing and management of the PROPERTY, and not to regular maintenance, common elements of a
condominium complex, or the property management of the PROPERTY.
D. AGENT shall use its best efforts to operate, manage and rent the PROPERTY as market conditions and
circumstances permit. AGENT may perform all acts and business functions, that are in the AGENTS
opinion reasonably necessary for the successful rental of the PROPERTY. AGENT may implement
operating procedures and regulations that are judged reasonable and to be in the best interest of the
AGENT and OWNER.
3. OWNER’S RESPONSIBILITIES
A. OWNER shall provide AGENT dates for the PROPERTY that are not available 12 months in advance in
writing. Any rental periods that are not blocked off are available for AGENT to book.
B. OWNER is responsible for providing PROPERTY with all utility service hookups, including but not
limited to, cable television, trash pickup, electricity, gas (heat), internet service (WIFI), water,
sewer/septic, unless agreeable by both OWNER and AGENT. OWNER shall pay all utility bills directly to
the provider; AGENT is not responsible for any utility bills or billing. OWNER shall place restrictors on
any and all utilities a GUEST(S) may be able to make changes to. AGENT is not liable for any changes.
C. OWNER must notify AGENT immediately in writing should homeowners association, any local
governmental authority, the governing body of the condominium project, adopt any rule or regulation
which would in any way restrict, limit or alter the OWNER’S or AGENT’S rights to rent the PROPERTY
under terms of this AGREEMENT. OWNER accepts the responsibility and liability of obtaining and filing
for any permits, applications, or other required authorizations resulting from said rule or regulation.
D. OWNER shall maintain the PROPERTY, including furnishings and landscaping, in rentable condition,
and maintain a compliment of glasses, flatware, kitchen utensils, pots, pans and all other necessary
cooking equipment. OWNER agrees to replace missing or unusable items at OWNER’S expense. In the
event that an adequate supply of basic equipment is not present, or the PROPERTY deteriorates
cosmetically and the OWNER does not update to a reasonably rentable condition as set forth by AGENT;
AGENT shall replace items at OWNERS expense or AGENT may make PROPERTY unavailable until such
conditions are remedied.
E. OWNER authorizes AGENT to have operational equipment repaired or replaced that affects the rental
stay of any given GUEST(s) including but not limited to plumbing fixtures, sewer, electrical systems, air
conditioning, televisions, clocks, radios, media players, appliances, or any other PROPERTY amenity listed

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