Short term rental agreements, also known as vacation rental agreements, have become increasingly popular in New Hampshire. With its beautiful beaches, mountains, and lakes, New Hampshire attracts tourists from all over the world. If you`re planning on renting out your property for short-term stays, it`s important to have a well-crafted rental agreement in place to protect both you and your guests.

Here are some key elements to consider when drafting a short term rental agreement in New Hampshire:

1. Identification of the Property and the Parties Involved

The rental agreement should clearly identify the rental property, including the address, and include the names of all parties involved, including the owner and the renters. It`s also important to include contact information for both parties, including phone numbers and email addresses.

2. Rental Period and Payment Terms

Specify the rental period, including the check-in and check-out times. Additionally, outline the payment terms, including the rental amount, security deposit, and any additional fees such as cleaning fees or pet fees. It`s important to be clear about when payment is due and any penalties for late payment.

3. Rules and Regulations

Include any rules and regulations that guests must follow during their stay. These could include rules around noise levels, smoking, pets, and maximum occupancy. Be sure to state the consequences for violating these rules, such as eviction or forfeiture of the security deposit.

4. Liability and Insurance

It`s important to clearly outline the liability of both the owner and the renters in case of damages or accidents. Additionally, consider requiring renters to provide their own liability insurance. Be sure to have a clear procedure in place for reporting damages and scheduling repairs.

5. Cancellation Policy

Include a cancellation policy that outlines when renters can cancel their reservation and receive a refund, if any. Consider adding a clause that allows for cancellations in the case of unforeseen circumstances, such as a natural disaster or government shutdown.

6. Signatures

Be sure to include a section for signatures from both parties, indicating that they have read and agree to the terms outlined in the rental agreement.

In conclusion, having a well-crafted short term rental agreement is crucial for protecting your property and ensuring a positive experience for your guests. Be sure to carefully consider the above elements when drafting your rental agreement in New Hampshire. It`s always recommended to have a lawyer review your agreement to ensure it complies with all state and local regulations.