Partnership Agreement
Big Sky Co-op Partnership Agreement
This Partnership Agreement ("Agreement") is intended to establish the basic terms and conditions under which Big Sky Co-op provides management services and collaborates with property owners and partners.
1. Purpose
Big Sky Co-op specializes in providing comprehensive property management services to optimize the performance, profitability, and guest experience for various property types, including but not limited to:
- Short-Term Rentals (homes, apartments, glamping sites)
- Recreational Vehicle (RV) and Van Rentals
- Unique Vacation Properties
2. Services Provided
2.1 Standard Services & Procedures
- Full Property Management: Booking coordination, guest communication, cleaning, maintenance, marketing, direct booking, and restocking.
- Marketing & Optimization: Listing creation, dynamic pricing, photography, and promotional campaigns.
- Technology Integration: Management software, security systems, and automated processes for streamlined operations.
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Owner Engagement Requirement Owners must maintain regular communication and participation. Failure to:
- Log in at least once a month.
- Respond within 7 business days to management requests.
May result in reclassification to high-risk status or dissolution of the partnership.
2.2 Optional Services
- Furnishing and Equipment Setup: Assistance with furnishing, decorating, and supplying equipment for new listings.
- Financing Coordination: Offering financing options for property improvements, furnishing, or technology.
- High-Risk Property Management: Specialized management for properties requiring additional oversight.
3. Fees
3.1 Management Fees
- Standard Properties: 20% of gross rental revenue.
- High-Risk Properties: 30% of gross rental revenue.
3.2 Additional Fees
- Technology and Software Fee: Monthly fee for software integration and security systems.
- Laundry and Linen Service: Per turnover fee for laundry services.
- Marketing Fee: For specialized campaigns or premium photography.
4. Cancellation and Termination
4.1 Standard Termination
- Either Party may terminate this Agreement with a 30-day written notice.
4.2 Early Termination Fees
If termination occurs within the first 90 days of service, the following fees apply:
- Early Termination Fee: Equivalent to two months of management fees.
- Service Recovery Fee: Costs for outstanding services rendered (cleaning, maintenance, etc.).
4.3 Loan Default Termination
If financing is provided for furnishings, equipment, assets, or services and the Partner defaults on repayment:
- Big Sky Co-op reserves the right to immediately terminate services.
- All loaned furnishings and equipment will be recovered by Big Sky Co-op.
- A Recovery Fee will be charged to cover retrieval costs.
5. Asset Protection
5.1 Ownership of Furnishings and Equipment
- Big Sky Co-op retains ownership of all items financed or loaned until the Partner fulfills the repayment terms.
- Partners may not sell, transfer, or alter loaned items without written approved consent.
5.2 Recovery Process
Upon termination, Big Sky Co-op will:
- Conduct an inventory of all furnished items.
- Schedule a retrieval date.
- Provide the Partner with a detailed recovery report.
6. General Terms
- Collaboration Expectations: Big Sky Co-op aims to streamline operations and minimize owner involvement.
- Mutual Respect: Both Parties agree to act in good faith and maintain open communication.
- Dispute Resolution: Disputes will first be resolved through mediation before legal action is pursued.
- Governing Law: This Agreement is governed by the laws of Montana
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Join Us - Are you ready to be part of a movement that redefines growth and success? Join Big Sky Co-op, and let’s build a thriving future together. Fill out our form, specify how you can contribute, and become part of our vibrant community.
Powering Our Community through Shared Economy
Big Sky Co-op isn’t just a business; it's the collective heartbeat of our community, pulsing with shared growth and a collaborative spirit rooted in 70,000 years of human innovation. Contribute your resources—land, materials, skills, or funds—and join us in strengthening our local economy.
Contribute Your Resources:
We invite you to bring forth your resources and join hands in an economic revolution that strengthens our local communities. Your contributions, whether land, materials, skills, or monetary donations, are the building blocks of a sustainable and thriving society.
Land:
Offer parcels of hope and growth. Tell us about the location and size of your land, and envision the potential it holds when integrated into our co-op.
Monetary Support:
Invest in the soil of prosperity. Your financial contributions sow seeds for new projects and innovations that benefit all members.
Materials:
Donate the tools of transformation. Eco-friendly materials are not just used; they’re celebrated as pillars of sustainability.
Skills and Expertise:
Share your wisdom. The skills you've honed over the years can elevate our collective knowledge and operational excellence.
How We Recognize Your Generosity:
We believe in honoring the hands that give. Choose how you’d like us to acknowledge your generosity:
Sponsorship & Branding: Let your brand shine as a beacon of support and community spirit.
- Website Traffic: Drive the narrative of growth with a mention on our highly-trafficked platform.
- Alternative Recognition: We're open to creative and meaningful ways to celebrate your contribution.
- Your Impact: Every resource you share fuels the engine of our local economy, allowing us not just to survive, but to thrive. By harnessing the power of the shared economy, we amplify our collective growth and chart a course for a future where prosperity is a shared journey.
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Unlock a World of Opportunities with Big Sky Co-op
Join a Spherical Shared Economy:
Join a network of home-based entrepreneurs, landowners, creative engineers, and project enthusiasts in a spherical economy designed for mutual benefit. Whether you’re launching a business from home, transforming land into profitable ventures, or bringing sustainable projects to life, Big Sky Co-op is your gateway to success.
For Home-Based Entrepreneurs:
Launch your dream business from the comfort of your home. Whether you craft artisanal goods or offer cutting-edge products, our platform equips you with the tools to sell and ship directly to customers, empowering you to thrive in the e-commerce space.
For Landowners:
Transform your land into a source of revenue and a hub of innovation. We guide you through navigating city regulations and community engagement, turning your property into a profitable and eco-friendly venture.
For Creative Engineers:
Bring your sustainable visions to life. Our co-op is a canvas for creative engineers who aspire to design spaces and products that honor our planet. Collaborate, create, and see your sustainable projects come to fruition with the support of a like-minded network.
For Project Enthusiasts:
Dive into projects where everyone wins. With access to real estate investors and an extensive network, you can contribute to or lead initiatives that have a positive impact on our community and environment.
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Benefits of Joining Big Sky Co-op:
Community Empowerment
Be a part of a community that uplifts every member. Your success is our success.
Economic Growth
Contribute to and benefit from a thriving local economy that prioritizes the well-being of its participants.
Networking Opportunities
Connect with a diverse group of professionals, hobbyists, and entrepreneurs.
Access to Resources
Utilize our collective assets, from land to technology, to propel your ventures.
Visibility and Exposure
Gain recognition for your contributions within our network and beyond.
Sustainability Initiatives:
Participate in or lead projects that make sustainability a reality.
Educational Workshops
Enhance your skills through our educational platforms and workshops.
Investor Connections
Bridge the gap between innovative ideas and investor funding.
Your Pathway to Growth:
Whether you’re a seasoned entrepreneur or just starting out, Big Sky Co-op is your gateway to a universe where every contribution matters and every effort is recognized. Embrace the shared economy and be part of a movement that's redefining what it means to grow together.
Join us today and experience the power of collective prosperity.