Bahamas Vacation Property Rental Agreement

Write up a set of Rules and Regulations for users of a time-share vacation condo with this comprehensive template for resort condos in Mexico.

The Rules and Regulations establish how the time-share condo is to be used by members, including:

• an explanation of the condominium project's Points System,
• how to acquire, transfer, exchange and sell Points to other users,
• how to use the project's reservation system,
• general rules and restrictions on use,
• unacceptable behavior of users and guests,
• cleaning and maid service,
• furnishings and equipment in the condo.

This template is provided in MS Word format, and is fully editable.

Do you own a vacation property in common with one or more other owners? Set out the rights and obligations of the co-owners with this Right of Use Agreement.

• The Agreement outlines the use periods for each co-owner / tenants in common during the calendar year.
• Each co-owner has the right to sublease the vacation property to someone else during their assigned use period if they are unable to use it.
• Procedures for leasing to third parties during the balance of the year.
• Provisions for retaining a property manager to look after the property during those times when the co-owners are not there.
• Allocation of payment of taxes, costs and expenses among the co-owners.
• Procedure for selling, mortgaging or dealing with a co-owner's interest if the other co-owners have no pre-emption rights.
• If there are pre-emption rights, the other co-owners have a right of first refusal before any co-owner can deal with his/her percentage interest.
• The Right of Use Agreement can be used for vacation properties almost anywhere in the world.
• Available in MS Word format and fully customizable to meet your specific needs.

Do you manage vacation ⁄ time share properties on behalf of the owners of those properties? Easily create your Property Management Agreements with this ready-made template.

• Duties of the property manager include marketing the vacation property, obtaining renters, collecting rentals and other fees, distributing the proceeds, providing cleaning and laundry services, arranging for repairs and maintenance.
• Compensation will be a percentage commission, plus a monthly allowance for expenses, and actual costs of cleaning, repairs, etc.
• The property manager will pay the rental fees to the owner each month along with statements of income and expenses detailing revenues and expenses for that month.
• The owner will arrange his/her own occupancy of the vacation property with the manager well in advance.
• The property manager will be given a certain number of nights usage as promotional complementary nights each year.

The Property Management Agreement for Vacation Properties is generic (not country specific) and can be used in many countries. Download yours now.