The exit clause is the only contract term you'll actually use


Every co-hosting agreement you sign will end, and almost none of them say how. Owners leave for reasons that have nothing to do with your performance. They sell. A kid moves into the unit. They have one good year and decide they can self-manage. Most agreements spell out the beginning in detail and handle the ending in a single line: either party may terminate with 30 days' written notice. That line is the term you will actually use, and as written it decides nothing.

The first thing to fix is that bookings outlive the contract. Give notice on March 1 and you are handing back a calendar with reservations sitting on it through July - stays you sourced, priced, and answered questions on, that you will never be paid for. There are two defensible answers and you only need to pick one. Either you are paid on stays that check out inside the notice window and nothing after, or you are paid your normal split on every reservation already on the books at the termination date, invoiced as each one checks out. What you cannot afford is silence, because silence means whoever controls the payout account decides, and that is not you.

Write the handover as a deliverables list, not a promise to cooperate. "Reasonable assistance during transition" is unenforceable and infinitely expandable. Name the items instead: exported reservation list with guest contact details, current pricing rules and minimum-stay settings, lock codes and who holds them, cleaner and handyman contacts, listing and platform access transferred, and any open damage claims with their status. Then cap it - delivered within ten business days of the termination date, with one round of follow-up questions after that. Without the cap you are still answering texts for free six weeks later.

Money you are holding needs its own sentence. If you keep an owner float for supplies, or platform payouts land in your account before you remit, say exactly when final reconciliation happens. Fifteen days after the last checkout is a reasonable default - long enough for damage claims and card chargebacks to settle, short enough that nobody thinks you are sitting on their money. Say what happens to the remaining float balance in the same sentence.

Do this while the relationship is good, because the exit clause is the easiest term to negotiate at signing and the hardest to negotiate mid-argument. An owner who is happy with you will agree that four months of forward bookings you produced should be paid out. An owner who is leaving annoyed will not. Put it in the next agreement you send, and back-fill it into the existing ones at renewal as a one-page amendment rather than a full re-sign.

I'm not a lawyer and this isn't legal advice - have someone licensed in your state read the language before you use it. The owner agreement in the Co-Host Starter Kit includes a termination and handover section built along these lines.

The Co-Host Brief

Operating notes for people running short-term rentals as a business. Regulation changes, pricing tactics, owner-reporting playbooks, and turnover systems for STR co-hosts and small property managers — no "passive income" hype, just the stuff that keeps clients past year one.

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