The short-term or vacation rental agreement is a rental agreement between a lessor and a tenant, usually between 1 and 30 days. The agreement is most often for high-end real estate in order to sketch the precise terms of the duration of the rental. The agreement must comply with all applicable state laws and, if the residential structure was built before 1978, it must be submitted at the same time as the lead-based painting form. Be sure to get the advice of a lawyer before finalizing a legally binding document. Your agreement should be reviewed and updated regularly to keep up with changing local or government legislation. Depending on the type of rental you have, it is very likely that you will need to add other clauses specific to your individual property. This can encompass all of this, from weather details to the features of your holiday apartment or even local laws and regulations. A lease is simply a contract between the landlord and the tenant. It`s a bit like a lease for an apartment, except that a vacation rental agreement only covers the short period of time your clients rent out your property.