Short-Term Rental Management Agreement

1. Parties and Appointment

This Short-Term Rental Management Agreement (the "Agreement") is entered into between Altimera Collection ("Altimera", "the Manager") and the property owner identified in the signature block or the associated application ("the Owner").

The Owner appoints Altimera as the exclusive manager of the property identified in the application (the "Property") for short-term rental purposes, and Altimera accepts the appointment on the terms below.

2. Pre-Binding Acceptance

By submitting an application to join the Altimera Collection and ticking the acceptance box, the Owner confirms they have read this Agreement and agree in principle to its terms (the "Pre-Binding Acceptance").

The Pre-Binding Acceptance does not itself place the Property under management. It records the Owner's good-faith intention: if Altimera approves the Property, the parties will execute this Agreement (with the commercial terms completed) without material renegotiation of the standard clauses. Either party may withdraw before signature; neither party is liable for costs of the other incurred before signature.

3. Manager's Services

Altimera will: (a) create, publish and maintain listings for the Property on channels it considers appropriate, including Airbnb, Booking.com and Altimera's own website; (b) set and adjust nightly pricing dynamically; (c) handle guest enquiries, bookings, communication, check-in and check-out; (d) arrange housekeeping, linen and consumables between stays; (e) arrange routine maintenance and coordinate repairs; and (f) provide the Owner with a monthly statement of revenue and charges.

4. Standards and Onboarding

The Property must meet, and be maintained to, the Altimera standard for furnishing, equipment, safety and presentation. Altimera will provide an onboarding checklist and may require reasonable improvements before the Property goes live.

Altimera will arrange professional photography and listing copy. This material is Altimera's work product; the Owner receives a licence to use it while this Agreement is in force.

5. Management Fee and Payouts

Altimera's management fee is [20]% of Net Rental Revenue, where Net Rental Revenue means gross booking revenue actually received, minus channel/platform commissions and payment processing costs. Cleaning fees paid by guests cover housekeeping and are not part of Net Rental Revenue.

Altimera will pay the Owner their share monthly, within [15] days of month end, with a statement itemising bookings, revenue, fees and expenses. Approved third-party expenses (repairs, replacements, consumables beyond normal housekeeping) are deducted from the payout with receipts provided.

6. Owner's Obligations

The Owner warrants they are entitled to let the Property, will keep it insured (structure and contents, including cover appropriate for short-term letting), will keep utilities, building fees and taxes current, and will not accept bookings for the Property outside Altimera's channels while this Agreement is exclusive.

The Owner may block dates for personal use through Altimera with reasonable notice, subject to existing confirmed bookings, which must be honoured.

7. Term and Termination

This Agreement runs for an initial term of [12] months from signature and renews automatically for successive [12]-month periods unless either party gives [60] days' written notice.

Either party may terminate immediately for material breach not remedied within [14] days of written notice. On termination, confirmed future bookings are either honoured or transferred/cancelled by agreement, and any sums due are settled within [30] days.

8. Liability

Altimera will perform its services with reasonable skill and care. Altimera is not liable for guest behaviour beyond amounts actually recovered (from guests, platforms or deposits), for fair wear and tear, or for loss of income during periods the Property is unavailable. Each party's total liability under this Agreement is capped at the management fees paid or payable in the preceding [12] months, except for liability that cannot lawfully be limited.

9. General

Notices may be given by email to the addresses in the application. This Agreement is governed by the laws of Georgia, and the courts of Georgia have exclusive jurisdiction. If any clause is found unenforceable, the remainder stays in force. This document plus the completed application form the entire agreement between the parties concerning its subject matter.