Accounts and access
- 1. Who owns the listing accounts — keep ownership yourself where possible
- 2. What access the co-host gets (co-host permissions vs. your login)
- 3. Who holds door codes and how they're changed
Money
- 4. Exactly what the fee is charged on
- 5. Minimum monthly fee and onboarding cost
- 6. Whether any costs are marked up
- 7. Who receives payouts — and whether that's allowed in your state
Operations
- 8. Response hours and how true emergencies are handled
- 9. Spending limit before they must ask you
- 10. Who chooses and approves repair vendors
Rules and exit
- 11. Local permits, taxes and HOA rules — who checks and who files
- 12. Notice period to end the agreement, and what happens to future bookings
Why writing it down matters
Most owner–co-host disagreements aren't about bad intent. They come from two people remembering a conversation differently. A one-page summary of the points above, signed by both of you, prevents most of that. Review it after the first three months — you'll both know more about how the property really runs by then.
A note on local rules
Short-term rental rules vary by state, county and city, and change often. Check your local requirements, and ask any co-host how they confirm they can legally work with you.
General information, not legal, tax or financial advice. Rules differ by state and town. Updated October 2026.