Management contract for short-term tourist lets

The parties

The property

Full address, floor, unit

Management plan

Terms

1. Purpose. The Owner grants the Manager a mandate with power of representation (Arts. 1703 et seq. Italian Civil Code) to conclude, in the Owner's name and on the Owner's behalf, short-term tourist lets (max. 30 days, Art. 4 Decree-Law 50/2017) and to manage their listings, prices, bookings, communications, check-in/out, cleaning, linen, minor maintenance and statements. The Manager makes every effort to maximise the Property's income, without however guaranteeing a minimum level.

2. Term. From signature until 31 December of the following year; it renews from year to year unless terminated by email with 90 days' notice. Bookings already confirmed remain valid: the Owner honours them and the fee is due on them.

3. Fee. The Manager receives 20% (+VAT if due) of Net Revenue, plan Completo. Net Revenue = price paid by the guest, less portal commissions, tourist tax and final cleaning charged to the guest. The Manager sets prices using dynamic market criteria.

4. Payments and statements. The Manager does not collect the rent. Booking payments are paid by the portals (Airbnb, Booking.com or others) directly to the Owner on the portal's payout date, net of the agreed fee and of any top-up of the Expense Fund, which the portal credits to the Manager. Any tax withholdings are applied by the portal as required by law. The Manager provides a monthly digital statement with bookings, fees and the status of the Expense Fund.

5. Manager's obligations. (a) register guests on Alloggiati Web within 24 hours of arrival, after identifying them with a real-time visual check; (b) submit ISTAT/ROSS1000 data; (c) collect and pay the tourist tax on the Owner's behalf; (d) display the CIN in listings; (e) maintain professional liability insurance.

6. Owner's obligations. The Owner warrants that they are entitled to let the Property; that the Property and its systems comply with regulations, with gas and carbon monoxide detectors and a fire extinguisher (Art. 13-ter Decree-Law 145/2023); and that they hold a CIN, notification to the Municipality and liability/fire insurance. The Owner declares the income and chooses the tax regime (cedolare secca flat tax or ordinary); from 2026, with more than 2 properties the activity is presumed to be a business. The Owner communicates personal-use dates by 31 March.

7. Expense Fund. To avoid asking the Owner to approve every small expense, from a light bulb to a plumber for a leak, on signature the Owner provides the Manager with an Expense Fund of €400. The Manager uses it for minor maintenance and ordinary repairs and accounts for it every month in the statement, itemising each expense. If the Fund has been used, the Manager requests a top-up, deducted from subsequent payouts (Art. 4), so that €400 is always available. For expenses above the Fund balance the Manager first asks for the Owner's consent, except in emergencies (risk to people, serious damage or imminent cancellation), of which the Owner is informed immediately. On termination the remaining balance is returned within 30 days.

8. Damage and liability. Damage caused by guests is handled through the deposit, the portals or insurance; normal wear and tear is not damage. The Manager is liable only for wilful misconduct or gross negligence, subject to mandatory legal limits.

9. Withdrawal. Either party may withdraw for a serious breach not remedied within 15 days of a formal notice. If the Owner is a consumer, they may withdraw without giving reasons within 14 days of signature (Art. 52 Italian Consumer Code).

10. Privacy. Each party processes data as an independent controller under the GDPR (EU Reg. 2016/679); the Manager may use digital and AI tools under human supervision.

11. Property checklist. The Property checklist completed by the Owner on the Domusmeralda portal is attached to the contract, forms an integral part of it and is binding between the parties: it describes the features, equipment, documents and condition in which the Property is handed over to the Manager. The Owner completes it in full, declares that the information is complete and true, is legally responsible for it and undertakes to report any change.

12. Law and jurisdiction. Italian law. Competent court: the Court of Milan. The contract is signed with an electronic signature. This is a translation of the Italian contract: in case of discrepancy the Italian version prevails.

Annex A · Property checklist

Acceptance

I declare that I have completed the Property checklist in full, that the information is complete and true as required by law, and I attach it to this contract as an integral part of it. I have read and accept the contract and the plan Completo. Pursuant to Arts. 1341 and 1342 of the Italian Civil Code, I specifically approve clauses 2 (renewal), 7 (use of the Expense Fund), 8 (limits of liability), 11 (truthfulness of the Checklist), 12 (jurisdiction).

Sign with your finger or mouse in the box. For full legal value the signature must be an advanced electronic signature (OTP code).