Contract form Contract form Step 1 of 13 7% Oasis Proporty Solutions – Short Term Rental ContractPlease read and complete the below form :The ManagerCompany details : Oasis Property Solutions (Pty) Ltd Company Registration Number: 2021/256447/07 – 410 Jan Smuts Avenue, Burnside Island Office Park Craighall Park Johannesburg 2196And theThe ownerWith the Full Name or Company Name (specified below) with the ID number or Company Registration Number (specified below) with the effective Start Date (specified below) situated at the Property Address (specified below) Personal details :Your Name First Last PhoneID Number Upload ID or Drivers licenseMax. file size: 64 MB.Home Address Street Address Address Line 2 City State / Province / Region ZIP / Postal Code Country AfghanistanAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos IslandsColombiaComorosCongoCongo, Democratic Republic of theCook IslandsCosta RicaCroatiaCubaCuraçaoCyprusCzechiaCôte d'IvoireDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaFalkland IslandsFaroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and McDonald IslandsHoly SeeHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People's Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People's Democratic RepublicLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacaoMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesiaMoldovaMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorth MacedoniaNorthern Mariana IslandsNorwayOmanPakistanPalauPalestine, State ofPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto RicoQatarRomaniaRussian FederationRwandaRéunionSaint BarthélemySaint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint MartinSaint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint MaartenSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwedenSwitzerlandSyria Arab RepublicTaiwanTajikistanTanzania, the United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkmenistanTurks and Caicos IslandsTuvaluTürkiyeUS Minor Outlying IslandsUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamVirgin Islands, BritishVirgin Islands, U.S.Wallis and FutunaWestern SaharaYemenZambiaZimbabweÅland Islands Company details :Company name PhoneCompany Registration Upload Company Registration DocumentsMax. file size: 64 MB.Company address Street Address Address Line 2 City State / Province / Region ZIP / Postal Code Country AfghanistanAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos IslandsColombiaComorosCongoCongo, Democratic Republic of theCook IslandsCosta RicaCroatiaCubaCuraçaoCyprusCzechiaCôte d'IvoireDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaFalkland IslandsFaroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and McDonald IslandsHoly SeeHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People's Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People's Democratic RepublicLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacaoMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesiaMoldovaMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorth MacedoniaNorthern Mariana IslandsNorwayOmanPakistanPalauPalestine, State ofPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto RicoQatarRomaniaRussian FederationRwandaRéunionSaint BarthélemySaint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint MartinSaint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint MaartenSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwedenSwitzerlandSyria Arab RepublicTaiwanTajikistanTanzania, the United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkmenistanTurks and Caicos IslandsTuvaluTürkiyeUS Minor Outlying IslandsUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamVirgin Islands, BritishVirgin Islands, U.S.Wallis and FutunaWestern SaharaYemenZambiaZimbabweÅland Islands How Can We Reach You?Preferred Method of ContactEmailPhonePhoneYour Email Address Email Address Confirm Email Address Property Details :Management Property Address Street Address Address Line 2 City ZIP Code Existing platform linksPlease choose None Airbnb Booking.com Other Airbnb link Booking.com Other How many bedrooms do you have ?BedroomsPlease choose123456+Bedroom 1 bed arrangement 1 x Single 2 x Single’s 1 x Queen size 1 x King size Bedroom 2 bed arrangement 1 x Single 2 x Single’s 1 x Queen size 1 x King size Bedroom 3 bed arrangement 1 x Single 2 x Single’s 1 x Queen size 1 x King size Bedroom 4 bed arrangement 1 x Single 2 x Single’s 1 x Queen size 1 x King size Bedroom 5 bed arrangement 1 x Single 2 x Single’s 1 x Queen size 1 x King size Bedroom 6 bed arrangement 1 x Single 2 x Single’s 1 x Queen size 1 x King size How many bathrooms do you have ?BathroomsPlease choose123456+ Do you have any of the following amenities ?Please choose Aircon Coffee machine Smart TV Washing machine Dryer Internet Gas braai The T'c and C'sPlease read the below and click the tick box to acknowledge.1. Appointment Of The Manager 1.1. The Owner hereby employs the Manager as its exclusive rental management agent to manage, pursuant to the terms hereinafter contained; the Owner’s Property. 2. Term of Agreement 2.1. This agreement shall become effective on the Start Date and shall extend until terminated by either party giving the other party 3 (three) calendar months notice . 2.2. Termination of Agreement: 2.2.1. Notice of termination, whether by the Manager or the Owner will be in writing and a 3 (three) calendar month notice period will apply. 2.2.2. If this Agreement is terminated for any reason during the term hereof, including foreclosure or sale of the Property, the Management Fee (as described in paragraph 5 below) in respect of any Future Transaction/s (being all confirmed bookings at the date of termination) for the Property shall remain payable to the Manager unless such Future Transaction/s have been transferred to other properties managed by the Manager. 2.2.3. The Manager shall make every effort to move said Future Transaction/s) to like accommodation/(s). If, however, comparable accommodation/(s) are not available, the Owner agrees to honour said Future Transaction/s or indemnify and hold the Manager harmless from all expenses, costs and damages incurred by the Manager or guests as a result of refusal to honour said Future Transaction/s. 2.3. Termination Penalties: 2.3.1. Should the Owner terminate this agreement within three months of the Start Date, a termination penalty will apply. 2.3.2. The Termination Penalty will be determined based on the size of the listing as detailed in Appendix A.1. 2.3.3. The termination penalty will fall away after the first paid booking. 3.Obligations of the Manager 3.1. During the term of this Agreement, the Manager shall provide the Owner with short term property rental management services hereinafter described and shall offer the Property for rental as specified. 3.2. In the performance of the management responsibilities hereby assumed, the Manager shall have the rights, duties and obligations specified in this Agreement. 3.3. Setup: 3.3.1. The Manager shall perform / document a detailed ingoing inspection of the Property. 3.3.2. The Manager shall make suggestions on missing Essential Items as well as other listing improvements based on the above inspection and may offer to procure missing Essential Items or implement improvements at an additional charge. 3.3.3. The Manager shall perform an initial deep clean prior to receiving the first guest. 3.3.4. The Manager shall create an optimized listing profile and an optimized listing for the Property on all relevant listing platforms. 3.3.5. The Manager shall share the details to your Client Zone with you as soon as the initial setup is concluded. 3.4. Marketing, Pricing and Income Optimization: 3.4.1. The Manager shall charge a fair, reasonable and competitive rate for the Property which will be determined at their discretion. 3.4.2. The Manager reserves the right to establish rates, discount rates and minimum lengths of stay to, in the Manager’s business judgment, maximize the rental income for the Property. Oasis Property Solutions will endeavour to collaborate on pricing with the owner. 3.4.3. The Manager shall be responsible for all negotiations, rates, discounts and terms with prospective guests, and shall have the right to execute and enter into agreements on behalf of the Owner. .4.4. The Manager shall use diligence in obtaining occupants for the Property and will screen guests to the extent to which this is feasible on the listing platforms used. 3.4.5. The Manager shall plan and operate a suitable rental program including marketing and promotional operations, which programs may be modified or expanded from time to time. 3.4.6. The Manager shall establish policies, which are intended to promote the goodwill of guests and prospective guests. 3.4.7. The Manager shall rent and promote other properties similar to that of the Owner’s and will, in all instances, treat the owners ethically and manage the unit impartially, given similar circumstances exist. 3.5.Key Exchanges: 3.5.1. The Manager shall ensure that the Property is prepared and the 50 Point Check completed prior to guest arrival. 3.5.2. The Manager shall arrange for a meet and greet with the guests in person upon arrival unless other prior arrangements have been made with guests. 3.5.3. The Manager shall ensure that guests are acquainted with the relevant house rules and other relevant Property information. 3.5.4. The Manager shall make necessary arrangements for the keys to be returned. 3.6. Cleaning, Maintenance and Supplies: 3.6.1. The Manager shall provide the Property with all necessary maintenance and housekeeping services including a cleaning service, cleaning materials, transportation for workers when necessary, and shall make or supervise such repairs and maintenance services to the premises as may be advisable or necessary in order to maintain the Property, furniture, and furnishings in a safe and optimal condition. The costs of cleaning will be charged to Guests by The Manager except in cases of Personal use when cleaning will be charged to the Owner. All maintenance/repair costs will be for the account of The Owner. 3.6.2. The Manager shall purchase all supplies necessary for the accomplishment of the above responsibilities and pay additional expenses on behalf of the Owner, provided that the Manager agrees to secure the prior approval of the Owner for all expenditures in excess of R1,000.00 for any one item, except emergency repairs, if in the opinion of the Manager such repairs are necessary to protect the premises from damage or to maintain services to the guests. 3.7.Inspection: 3.7.1. The Manager shall inspect the Property before each guest for major appliances/damage but will only inventory other/ small items on an ad hoc basis. 3.7.2. In the event of loss/ damage caused by guests, the Manager will handle any damage claim against said guest unless said claims are deemed to have caused negligible loss/ damage or are due to normal wear and tear. 3.8. Manager’s Insurance: 3.8.1. Throughout the term of this Agreement, the Manager agrees to cover all the employees within his/ her employ with adequate Worker’s Compensation Insurance, and to carry a comprehensive general liability insurance policy. 3.9. Record Keeping and Monthly Accounting: 3.9.1. The Manager shall keep detailed accounting records of all income and expenditures relating to the Property and shall provide the Owner with monthly reports on the 7th of every month including: 3.9.1.1 A statement of income for the prior month detailing the Manager's commission and VAT, as well as any expenses charged to the property. 3.9.1.2. A statement showing the balance owing to/ by the Owner after taking into account the income and expenses above, as well as any additional recoveries for the current month and any interest charges levied on overdue accounts. 4. Obligations of Owner 4.1. Communications: 4.1.1. The Owner shall ensure that all communications with the Manager are sent via email unless the communication relates to an emergency that cannot wait. 4.1.2. Examples of emergency situations that cannot wait relate to matters that require immediate action from either the Manager or the Owner e.g. a burst geyser. 4.2.Personal Use: 4.2.1. The Owner may use the property at any time for Personal Use with prior notice of such use being given to the Manager. 4.2.2. Notice of Personal Use: 4.2.2.1. All Personal Use of the property can either be booked via the Client Zone or via email with the Property Manager. 4.2.2.2. The Owner is requested to notify the Manager of any intended Personal Use of the Property as soon as possible. The Manager will block out these dates on all channels to ensure that no bookings are received. 4.2.3. Personal Use Logistics: 4.2.3.1. The Owner shall not permit any person or persons to enter the Property without prior coordination through the Manager. 4.2.3.2. The Owner and Owner guests will be subject to the same checking and checkout times applicable to normal guests. Any deviation from these times must be approved by the Manager. The Owner will be responsible for any extra costs incurred by the Manager because of the Owners delayed departure. 4.2.4. Restriction of Personal Use: 4.2.4.1. Personal use of the Property by the Owner will be subject to availability. If confirmed bookings are in place these will be honoured. 4.2.4.2. The Owner acknowledges that the amount of use by Owner, Owner’s family and or Owner’s guests may adversely impact Manager’s opportunity to market the Property. 4.2.4.3. The Owner understands that all paid bookings must go through the Manager as exclusive rental manager, for which the Manager will be paid the Management Fee specified in this agreement. 4.2.4.4.The Owner is obligated to pay the Manager the contractual Management Fee if the Owner rents the property directly. 4.2.5. Cancellation of Confirmed Bookings: 4.2.5.1. The Owner agrees to be responsible for all direct and consequential costs and/ or damages incurred as a result of having to move any guest to another property, compensate said guest for displacement, loss of business or profit, or damage to the Manager’s reputation as a result of the owner’s instruction to cancel/move a booking for personal use. 4.3. Furnishings: 4.3.1. The Owner agrees to provide and maintain the property as a top quality short term rental accommodation and the Manager is granted the right to make reasonable recommendations to the Owner concerning the condition of the property, including but not limited to furniture, fixtures, appliances, draperies, decor, wall and floor coverings, lighting, and related or like items. 4.3.2. The Owner understands that the Manager may elect not to rent the Property should the condition deteriorate below the Manager’s standard for similar Properties and the Owner fails to take corrective action after written notification from the Manager. 4.3.3. Upon reasonable notice, the Owner does agree to promptly take such steps as the Manager deems necessary to bring the Property up to industry standards and the Manager’s guidelines. Owner’s Insurance: 4.4.1. The Owner shall carry fire, casualty, and liability insurance on the Property in an adequate amount to cover any and all losses, casualties, and liabilities including, but not limited to, property damage, personal injury and/or death, and total destruction of the Property. 4.4.2. The Owner shall advise the Owner’s insurance provider/(s) that the Owner is renting the Premises and acknowledges that not all insurance policies cover short term or long term renting of premises, and that the Manager has advised the Owner to discuss the insurance coverage with the Owner’s insurance agent. 4.4.3. The Owner further acknowledges that in the event that the Owner has not obtained insurance coverage for short or long term renting of the Property, the Owner may be personally liable for claims made in the event of loss or damage. 4.4.4. The Manager will assist the Owner in the pursuit of damage claims against guests, but the Manager will not be liable or responsible for any such damage or loss. 5. Fees 5.1. Joining Fees: 5.1.1. Included as part of the sign up process, the Manager will complete the tasks detailed in paragraph 3.3. above at a cost of R20,000.00 (onboarding fee). 5.1.2. In addition to the above mentioned tasks, the Manager will assist with the following tasks: 5.1.2.1. professional photography: stage the Property and facilitate professional photography; the Owner will be charged the invoice of the photographer only; 5.1.2.2. internet setup: assist in obtaining an internet connections by applying for internet on behalf of the owner, arranging for a representative to be present at the property for installation and setting up the network; 5.1.2.3. essential items: procure and install any Essential Items not found in the listing at the time of handover; 5.1.2.4. repairs and maintenance: arrange for and facilitate any repairs and maintenance required. Should our maintenance team complete a job that would otherwise have necessitated a supplier to be called out, we will charge our maintenance team's time out at R250/half hour. Tasks such as changing light bulbs and dropping off replacement items will be included in the onboarding fee. 5.2. Management Fee: 5.2.1. The Owner agrees to pay the Manager a management fee of 20% excluding VAT on the net rental revenue collected. 5.2.2. Net Rental Revenue collected is defined as: gross rental revenue (the total amount paid by guests which includes the day rate, cleaning fee and service fees charged by the listing platform); less listing site service fees, credit card fees and other transaction fees (usually deducted by the listing platform prior to pay-out);less cleaning fees as described in Cleaning Fees below. 5.2.3. In other words the Management Fee is calculated as a percentage of the day rate paid out and is not levied on cleaning fees which are recovered directly from guests. 5.3.Personal Use: 5.3.1. The Owner shall be charged a cleaning fee (a reduced amount to the cleaning fee charged to guests) should they book the listing for Personal Use. 5.3.2. In addition, the Owner shall be charged a handling fee of R500 per booking if the Manager has to check in/ out the Owner’s guests in person. Should the owner’s guest be willing to collect keys from Oasis Property Solution’s office or a lockbox then this fee will fall away. 5.3.3. This billing will be reflected in the monthly statement. 5.4.Cleaning Fees: 5.4.1. Actual Cleaning Fee Charged: 5.4.1.1. The Manager shall deduct from the Net Rental Revenue collected, an amount relating to the actual cleaning fees charged to guests before applying the management fee percentage. 5.4.1.2. The above cleaning fee will be charged once regardless of the number of nights booked or the actual number of cleaning services provided. 5.4.1.3. The cleaning fee is charged by the Manager on behalf of the owner. The Manager hereby guarantees that the owner will not pay for any charges related to cleaning for guests over and above the cleaning fee charged to guests. Any shortfall will be for the account of the Manager. 5.4.1.4. Where bookings extend beyond a month, a single cleaning fee will be deducted for that month. The cleaning fee charged to guests will be determined by the Manager and set on the listing platform by the Manager. These fees may be adjusted from time to time and are at the discretion of the Manager. 5.4.1.5. The cleaning fee charged to guests will be determined by the Manager and set on the listing platform by the Manager. These fees may be adjusted from time to time and are at the discretion of the Manager. 5.5. Recoveries and Supplies 5.5.1. Manager will arrange for, facilitate, monitor and pay for certain property related expenses on the Owner’s behalf as part of the normal management and maintenance of the property. 5.5.2. A predetermined mandate (as contained in Appendix B.1) from the Owner will determine which costs the Manager can incur at their discretion and which costs require approval from the Owner. 5.5.3. The Manager shall invoice/ recover these expenses on a monthly basis. 5.5.4. The above mentioned property related expenses include but will not be limited to prepaid electricity, prepaid data, repair costs, maintenance costs and other setup costs incurred to manage and improve the listing. 5.6. Linen – The Manager requires the owner to provide two sets of Hotel Quality 100% Cotton Percale crisp white linen, bath matts and towels . The Manager will require the owner to supply the pillow inners, duvet inners and mattress protectors. 5.7.Additional Services Offered to Guests: 5.7.1. The Manager may offer additional services to guests and may recover charges from guests via the listing platform. 5.7.2. In such instances this will not form part of the Net Rental Revenue and will not be included in the calculation of the balance owing to the Owner. 5.7.3. Additional services that the Manager may offer to the guests may include but are not limited to airport transfers, booking tours, rental of additional guest amenities not provided in the property, stocking the fridge, arranging/ providing a babysitter, chef, butler or driver, etc. 6. Payment 6.1. Routing: 6.1.1. All payouts will be 100% routed into the Manager’s bank account. 6.1.2. This includes booking fees, cleaning fees or payouts in respect of any additional services offered to the guests. 6.2. Calculation of Balance: 6.2.1. The Manager shall calculate the balance owing to the Owner on a monthly basis and shall settle such amount on a monthly basis as described below. 6.2.2. The balance owing to the Owner comprises: Net Rental Revenue collected in the current month Less the Management Fee calculated in paragraph 5.b above Less any other recoveries and supplies. 6.2.3. Monthly cutoff for rental revenue and expenses will be on the last day of the month. 6.2.4. The Manager will produce a monthly statement reflecting the above mentioned calculation on the 7th. 6.3.Net Credit (Balance Due to the Owner): 6.3.1. Subject to the other provisions of this Agreement, any statement indicating a net credit due to the Owner shall be accompanied by a payment for the amount of such credit. 6.3.2. The Manager will finalize billing and release payment of the balance owing to the Owner on the 7th.Net 6.4. Debit (Balance Due to the Manager): 6.4.1. In the event the expenses recoverable from the Owner exceed the income collected by the Manager, the Owner agrees to pay the Manager the excess amount immediately following the receipt of the monthly statement. 6.4.2. In the event there is no income due the Owner and the Owner’s deficit remains unpaid after 30 days of receipt of this statement, there will be a 2% per month interest charge added to the next statement. 6.5.Bank Details: 6.5.1. The Owner shall provide the Manager with his/ her banking details in the format provided in Appendix B.2. 6.5.2. The Owner shall notify the Manager of any changes to the banking details provided with sufficient notice. 7. Entire Agreement 7.1. This Agreement contains the entire agreement of the parties with respect to the transactions contemplated and shall not be modified or amended except by an instrument in writing signed by or on behalf of all parties hereto; provided, however, nothing contained herein shall prohibit an additional, supplemental, verbal or written agreement for compensation for the Manager’s performance of additional or supplemental services. 8. Sale of Property 8.1. The Owner agrees to notify the Manager in writing before the property is listed for sale. 8.2. In the event the property is sold or leased with an option to purchase during the term of this agreement, this agreement shall terminate upon final closing, payment of the balance due to the Manager and subject to all confirmed bookings. 8.3. The Owner agrees that any sale contract or lease option shall be subject to all confirmed bookings and that the contract for sale shall bind the purchaser to honour all confirmed bookings. 8.4. In the event that the Owner does not bind the purchaser to such rentals, the Owner shall be liable for all expenses, damages, claims and losses incurred, including attorneys’ fees, as a result of any failure to honour these bookings. 8.5. The Manager shall use reasonable effort to move bookings whenever possible, but will not move a confirmed guest if the move will be detrimental to the guest or company. 8.6. The Owner will notify the Manager in writing prior to closing of the intended closing date and will pay any balance due the Manager prior to closing. 9. Nature of the Relationship 9.1. Nothing in this Agreement shall constitute the Owner and the Manager partners or in any manner render either liable for the obligations of the other unless expressly set forth herein. 9.2. The parties acknowledge that the relationship established between them is one in which the Manager is acting as the managing agent for the rental of the Owner’s property and for the performance of certain functions ancillary to such rental. Indemnity of Manager and Attorney’s Fees 10.1. The Owner agrees to indemnify, defend, protect and hold harmless the Manager from any and all losses, claims, costs, damages, expenses, demands, judgments or the like, including attorney's fees and other expenses of litigation, reasonably incurred in connection with any claim, action, suit or proceeding to which Manager may become involved by reason of having been a Manager pursuant to this Agreement. 10.2. This indemnity shall include any and all losses or liability incurred or claimed by any person or entity from any and all claims for damages, expenses, loss of property by theft or otherwise, injury or damages to property, injury or death to any person, from any cause whatsoever except for the wilful misconduct or gross negligence of Manager, its representatives or employees.Consent I agree that i have read and understood the above contents. For and on behalf of the OWNERName First Last Date MM slash DD slash YYYY Signature For and on behalf of OASIS PROPERTY SOLUTIONS (PTY) LtdName First Last Managing DirectorDate MM slash DD slash YYYY Signature Welcome to the Oasis Property Solutions family!Thank you for taking the time to complete your management contract
