For apartment owners

Collaboration terms

Before entrusting an apartment it is worth learning the fixed conditions and those set individually. We explain commission, settlements, owner stays and termination of cooperation.

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GRAND RENTCooperation on your terms.

What to know

  • 01The agreement specifies the commission and its basis.
  • 02Revenue from reservations is not the payout.
  • 03You schedule your own stay in the online calendar, in accordance with the agreed rules.
  • 04Termination covers reservations accepted earlier.

Scope and next steps

First the arrangements. Then the decision.

Grand runs the sales of stays and the management of the apartment; responsibilities and settlements are recorded in the contract.

01

Commission and costs agreed in the contract

We discuss the scope of services and the method of cost settlement before signing the contract. The contract specifies the commission rate and its basis of calculation, as well as settlement of apartment preparation, photography, furnishing, cleaning and sales through portals. Before the start we agree authorisations for repairs, purchase approvals and the division of additional expenses.

03

Own stays, the property and damages

You have online access to the reservation and price calendar, so you can check occupied dates and plan your own stay in accordance with the agreed rules. Grand prepares the offer, manages prices and reservations, organises cleaning and linen changes, inspects the property and coordinates repairs. Before starting cooperation we agree the scope of repairs, the method of approving expenses and responsibility for damages. We distinguish between normal wear and tear and damage caused by guests.

04

Termination and prior reservations

The agreement is concluded for an indefinite period, and either party may terminate it without giving a reason. A one-month notice period applies, effective at the end of the calendar month; the agreement does not provide for contractual penalties or a termination fee, but settlements of outstanding amounts remain. Reservations accepted before termination are fulfilled even if their dates fall after the end of the notice period.

Important when ending cooperation

Termination and prior reservations are one and the same issue.

The agreement is concluded for an indefinite period; the one-month notice period is effective at the end of the calendar month. We do not charge penalties or termination fees, but we settle outstanding amounts and fulfill reservations accepted before termination — including when their dates fall later. Detailed rules result from the agreed contract.

Worth clarifying

Good questions,
concrete answers.

Is reservation revenue the payout amount?

No. From the revenue the operator's fee and service costs are settled in accordance with the agreement; taxes and costs paid directly by the owner are accounted for separately.

Does the end of the notice period end all stays?

No. Previously confirmed reservations are also honored after the end of the notice period.

Next step

Let's talk
about your situation.

You don't need to read everything or prepare a detailed brief. Describe your initial starting point, and we'll arrange the right conversation.

Let's talk about the terms for your apartment before you make a decision.

Download the full offer PDF

Collaboration termsOnline inquiry

Ask: terms of cooperation.

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