01
Build the handover record
List future reservations, deposits, open maintenance, keys, inventory and account ownership. Agree who remains responsible for each stay during the transition. Do not cancel or move guest reservations merely because a new management discussion has started.
02
Close the previous period clearly
Reconcile the final owner statement and supporting costs, and confirm how outstanding guest issues will be handled. Set a documented transfer date for access and responsibilities. Review the existing agreement's notice and termination terms with your adviser.
