Company: Nomad Luxury Properties LLC
Address: 323 Northeast 163rd Street, Sunny Isles Beach, Florida 33160
Email: contact@nomadlp.com
Phone: +1 (786) 598-1227

These Terms of Service (“Terms”) govern your access to and use of the services provided by Nomad Luxury Properties LLC (“Nomad”, “we”, “us”, or “our”), including property management, marketing, booking coordination, maintenance, and related short-term rental management services (collectively, the “Services”).

By using our Services, signing a management agreement, or accessing our website (www.nomadlp.com), you (“Owner” or “Client”) agree to comply with and be legally bound by these Terms. If you do not agree to these Terms, you may not use our Services.

Nomad provides full-service management and marketing of short-term rental properties on behalf of property owners. Services include, but are not limited to:

• Listing and promoting properties across online rental platforms and Nomad’s website;
• Handling guest communication, reservations, and check-in/check-out logistics;
• Collecting rental payments, deposits, and applicable fees;
• Coordinating cleaning, maintenance, and repair services;
• Managing licensing and compliance with local regulations; and
• Providing owners with detailed monthly financial statements.
   

Nomad operates under an exclusive management model, meaning the Owner agrees not to rent or manage the property through other entities or individuals during the term of the management agreement.

Nomad’s standard commission for property management is 20% of the gross rental revenue collected.
Additional service fees may apply as defined in the executed Management Agreement, including but not limited to:

• Maintenance labor: $50 per hour
• Vacancy administration fee: $500 per month if the property is closed or unused for rent
• Repairs or services exceeding $300 require Owner pre-approval
   

All payments are made monthly, on or before the 5th day of each month, via bank transfer to the account designated by the Owner.

The Owner must ensure that the Property:

• Is safe, habitable, and compliant with all applicable local, state, and federal laws;
• Is fully furnished, equipped, and in rentable condition;
• Maintains active insurance coverage for the property structure and liability;
• Provides Nomad with access, keys, and authorization to perform its management duties.
   

Nomad shall not be responsible for structural defects or major repairs (including foundation, roofing, plumbing, or electrical systems). These remain the sole responsibility of the Owner.

Nomad may perform or coordinate property maintenance, cleaning, and minor repairs as needed.

• Labor provided directly by Nomad or its contractors is billed at $50 per hour.
• For repairs exceeding $300, Nomad will seek prior approval from the Owner unless the issue requires immediate action to prevent further damage or loss.
   

Guest Damage Protection:

• For direct bookings, Nomad collects a security deposit from guests to cover potential damages.
• For reservations through short-term rental platforms (e.g., Airbnb, Booking.com), the insurance coverage provided by those platforms applies. Nomad assists with claims whenever possible but is not liable for any damages not covered by platform insurance or the guest deposit.
  

Nomad shall provide the Owner with a monthly statement showing all income, expenses, and deductions.
Rental proceeds, minus Nomad’s commission and applicable fees, shall be remitted to the Owner by the 5th day of the following month.

Nomad reserves the right to withhold or deduct from Owner’s proceeds any amounts due for maintenance, repairs, utilities, or other authorized expenses related to property operation.

The Management Agreement operates on a month-to-month basis and may be terminated by either party with 30 days’ written notice via email.

Upon termination:

• Nomad will honor all confirmed guest reservations made before the termination date;
• The Owner agrees to allow such stays to proceed without penalty;
• Final financial statements and payments will be issued after the last booking concludes.
  

Nomad acts solely as an agent and manager for the Owner.
Nomad shall not be liable for:

• Structural or latent defects in the Property;
• Acts or omissions of tenants or guests;
• Loss or damage caused by third-party contractors, utilities, or natural events;
• Any consequential, indirect, or punitive damages arising from property operation.
   

The Owner agrees to indemnify and hold harmless Nomad, its members, agents, and employees from any claims, damages, or expenses (including attorney’s fees) arising from property ownership, maintenance, or rental activities, except in cases of proven gross negligence or willful misconduct by Nomad.

The Owner is responsible for maintaining appropriate homeowner’s and liability insurance covering short-term rental use. Nomad may request proof of insurance at any time.
The Owner also agrees to comply with all condominium, HOA, city, county, and state regulations governing short-term rentals.

Nomad will maintain the confidentiality of all Owner financial, personal, and property-related information obtained during the course of management, except as required by law or as necessary to perform its duties.

All marketing materials, photographs, descriptions, and creative content produced by Nomad remain the intellectual property of Nomad Luxury Properties LLC and may be reused or repurposed for promotional purposes.

Nomad Luxury Properties LLC (“Nomad”) may, in its capacity as authorized property manager and agent for participating property owners, utilize managed properties for limited promotional and marketing purposes, as expressly authorized under the applicable Property Management Agreement.

Such promotional use may include temporary occupancy by marketing partners, media professionals, digital influencers, artists, content creators, or other collaborators for purposes of content creation, brand exposure, and strategic partnerships.

All promotional use:

• Is temporary in nature and does not create any tenancy, leasehold, or possessory rights under Florida law;
   
• Is limited in duration and subject to annual caps defined in the applicable management agreement;
   
• Occurs only when the property is not subject to a confirmed paid reservation;
   
• Is conducted in compliance with all applicable Florida laws, local ordinances, and association rules.
   

Individuals occupying a property for promotional purposes are deemed guests of Nomad, not of the property owner. Nomad implements reasonable damage protection measures, including security deposits, insurance coverage, or contractual safeguards, but does not guarantee coverage for all losses. Property owners remain responsible for structural integrity and insurance coverage as outlined in the Management Agreement.

Property owners acknowledge that promotional use constitutes a marketing benefit designed to increase property visibility and long-term rental performance and agree that no rent, compensation, or credit shall be due for such promotional stays.

These Terms shall be governed by and construed in accordance with the laws of the State of Florida, without regard to conflict of law principles.

Any dispute or claim arising out of or related to these Terms or Nomad’s Services shall be first attempted to be resolved amicably through good-faith negotiation.
If no resolution is reached, disputes shall be submitted to binding arbitration in Miami-Dade County, Florida, in accordance with the rules of the American Arbitration Association.

Nomad reserves the right to modify these Terms at any time. Updated versions will be posted on our website and become effective immediately upon publication. Continued use of Nomad’s Services after such updates constitutes acceptance of the revised Terms.

For any questions, notices, or concerns regarding these Terms, please contact:
Nomad Luxury Properties LLC
📍 323 NE 163rd Street, Sunny Isles Beach, FL 33160
📧 contact@nomadlp.com
📞 +1 (786) 598-1227
🌐 www.nomadlp.com