LeaseMate ehf. — Terms for Hosts

These Terms for Hosts (the "Terms") govern the relationship between LeaseMate ehf., a company registered in Iceland (kt. [• registration number], registered office at [• address], "LeaseMate", "we", "us") and any person or entity that lists a property in the LeaseMate directory (a "Host", "you"). By creating a listing or paying the listing fee, you agree to these Terms.

Please read clause 4 carefully. LeaseMate is a listing and discovery directory only. We are not a booking agent, we are not a party to your rental arrangements with guests, and we never receive, hold, or handle the money a guest pays you. That is the core of how the service works and a deliberate feature of it.

1. Definitions

2. The Service We Provide

2.1 Directory only.

LeaseMate operates a curated online directory that helps Guests discover individual places to stay in Iceland and plan self-drive trips around them. We publish your Listing, surface it through search and route-planning features, and pass Guest Enquiries to you. That is the entirety of our service to you.

2.2 Discovery, not transactions.

The Website is a means of promotion and introduction. Any rental, its terms, its price, and its performance are arranged and concluded directly between you and the Guest. We provide no booking engine, no reservation system, no calendar that confirms a reservation, and no payment processing.

2.3 What we do not do.

We do not act as your agent, broker, or representative; we do not let your Property on your behalf or in our own name; we do not set, collect, hold, or guarantee any price, deposit, or payment; and we do not confirm, record, or track whether any stay takes place. We are not a party to any agreement between you and a Guest.

2.4 Intermediary and hosting role.

In displaying your Content we act as an intermediary hosting information supplied by you. Consistent with the Act on Electronic Commerce and other Electronic Services No. 30/2002, we do not pre-screen or monitor your Content and are not responsible for it. We may remove or disable access to Content that we are notified is unlawful or that breaches these Terms.

2.5 Who we are.

We identify LeaseMate clearly on the Website — including our registered name, registration number (kt.), address, electronic contact, and VAT registration number — as required for an electronic-service provider under Act No. 30/2002.

Why it is built this way. Keeping LeaseMate strictly to listing and introduction — with payment going directly between Guest and Host and no record of completed bookings — is what keeps the service outside platform-reporting and payment-handling regimes. Several clauses below exist to protect that position and should not be softened without advice.

3. Listings and Your Responsibilities

3.1 Right to list.

You confirm that you own each Property you list, or are otherwise lawfully entitled to let it for short stays, and that doing so does not breach any mortgage, lease, insurance, planning, tax, or other legal requirement that applies to you.

3.2 Listed in your name.

Each Listing identifies you (or your entity) as the party offering the Property. The Property is never presented as being offered by LeaseMate, and we never let it in our own name on your behalf.

3.3 Accurate information.

You are solely responsible for all content in your Listing. You warrant that everything you supply — description, photographs, amenities, location, nightly rate, availability, and any house rules — is accurate, current, and not misleading, and you agree to keep it up to date.

3.4 Original content.

You must own or have the right to use all text and images you upload, and your description must be your own wording — not copied verbatim from Airbnb, Booking.com, or any other platform. Duplicate listings of the same Property elsewhere are fine; duplicated text is not.

3.5 Curation and refusal.

The Directory is curated. We may decline to publish, may edit for presentation and consistency, and may remove or decline to renew any Listing at our discretion — for example where a Property does not fit the Directory, where information appears inaccurate, or where these Terms are breached.

3.6 Self-managed Listing content.

We give you a content area within each Listing that you control and edit yourself. Content you enter there is published as supplied by you. You are responsible for what you put in it and for keeping it accurate, and we do not pre-screen or verify it.

3.7 Registration / licence number.

Where the law requires your accommodation to be registered or licensed (for example Icelandic home-accommodation registration), the duty to hold that registration and to display the registration / licence number in your advertising rests with you. We provide a dedicated field in your Listing for the number and, when you enter one, you confirm to us that it is valid, accurate, and current. We do not verify the number and are not responsible for its presence, accuracy, or omission. We may, but are not obliged to, remind you if the field is empty, and we may remove a Listing we are told is unlawfully advertised.

3.8 Legal and tax compliance.

You are responsible for your own compliance with all laws applying to letting your Property, including home-accommodation (heimagisting) registration, the 90-day and ISK 2,000,000 home-accommodation thresholds, VAT registration and the collection of VAT (currently 11% on stays not exceeding 30 days) once you exceed the threshold, safety requirements, and the declaration and payment of your own income and accommodation taxes. LeaseMate gives no tax or legal advice and assumes none of these obligations on your behalf.

3.9 Your dealings with Guests.

All communication, screening, contracts, house rules, check-in, keys, deposits, damage, complaints, cancellations, and refunds are matters between you and the Guest. You set your own cancellation and refund policy and make it clear to Guests directly. We are not involved in and accept no responsibility for any of these.

3.10 Drafts prepared for your convenience.

To make setting up a Listing easier, we may prepare a draft for you in advance — including from information about your Property that is already publicly available. Any such draft is private to you (and our staff) and is not published, made public, or indexed by search engines until you review it and approve it. Your approval is what publishes the Listing: by approving it you confirm the content is yours, adopt it as your own, grant us the licence in clause 6, and accept the responsibilities in this clause 3. Until you approve, the draft is our internal working material and is not your Listing.

On the registration number (3.6–3.7). This mirrors how Airbnb handles licence numbers: the platform provides a host-controlled field and the host attests to the number when they enter it, but the legal duty to register and to display the number stays entirely with the host. Airbnb does not verify or enforce it; nor do we. Providing the field and the means to comply — while placing the duty on the host — is the established industry approach and reinforces our position as a hosting intermediary under clause 2.4.

4. Bookings and Payment — How Money Flows

4.1 You take payment directly.

Guests pay you directly — for example via your own payment provider or by bank transfer to you. You are the merchant and the recipient of all rental income.

4.2 We never touch the money.

LeaseMate does not process, receive, hold in escrow, split, release, or otherwise handle any payment between you and a Guest, and has no access to or visibility of the amounts a Guest pays you. We take no commission or percentage of any stay.

4.3 You keep 100%.

Subject only to the flat Listing Fee in clause 5, you keep the entire rental income from every stay. We do not charge any per-booking, per-night, or per-Guest fee, to you or to the Guest.

4.4 Enquiries, not reservations.

The Website may pass a Guest's Enquiry to you by email redirect or a simple contact form that does not calculate a total. It does not create, confirm, or guarantee a reservation. Whether an Enquiry becomes a stay, on what dates, and at what price, is concluded directly between you and the Guest, away from the Website.

4.5 Nightly rate is indicative.

Any rate shown on your Listing is a display figure you supply to help Guests. It is not an offer capable of acceptance through the Website and creates no obligation on us. The binding price is the one you and the Guest agree directly.

4.6 Availability and double bookings.

You are solely responsible for managing your own availability across every channel you use (including any other platform or your own site). Because the Website does not operate a booking calendar or reservation system, LeaseMate has no role in, and no liability for, any double booking, overbooking, or scheduling conflict.

Note vs. other platforms. Unlike Airbnb, Booking.com, or commission-based Icelandic sites, LeaseMate intentionally sits outside the payment between you and your Guest. There is no 15% cut and no service fee — only the flat Listing Fee. The trade-off is that booking, payment, and guest service are entirely yours to run.

5. Listing Fee

5.1 Flat periodic fee.

Inclusion in the Directory is charged as a flat fee of [• amount] per [• year], payable [• in advance / on the terms set out at sign-up]. The Listing Fee is for inclusion and promotion in the Directory. It is not related to, and does not vary with, any booking, stay, or rental income.

5.2 Introductory terms.

We may offer introductory or promotional terms (for example an initial fee-free period, or fee-free until your Listing generates Enquiries). Any such terms will be stated to you in writing and form part of these Terms for the period they apply.

5.3 Taxes on the fee.

The Listing Fee is stated [• exclusive / inclusive] of VAT and any applicable taxes, which will be added or accounted for as required by law.

5.4 No refund on removal.

If a Listing is removed or not renewed, the Listing Fee already paid for the current period is non-refundable except where required by law or expressly agreed by us in writing.

5.5 Changes to the fee.

We may change the Listing Fee for future periods on reasonable prior notice. A changed fee applies from your next renewal; it does not affect the period you have already paid for.

5.6 Cooling-off (private individuals).

If you are a private individual rather than a business, the Listing Fee is a distance-sold service and you may have a statutory 14-day right to withdraw under Icelandic consumer law. Where you ask us to begin listing your Property within that period, you consent to the service starting immediately and accept that, once the service has been fully performed, the right to withdraw is lost; if you withdraw after the service has begun but before it is complete, we may charge for the part already provided. [• Confirm wording and any pro-rata basis with adviser.]

6. Your Content and Our Use of It

6.1 Licence to display and promote.

You grant LeaseMate a non-exclusive, royalty-free, worldwide licence to host, display, reproduce, adapt for formatting, and promote the text, photographs, and other materials you submit (your "Content") for the purpose of operating and marketing the Directory — including on the Website, in route and region pages, in search results, and in our own marketing and social channels.

6.2 Sub-licence for promotion.

This licence extends to promotional partners and creators who help drive traffic to the Directory, solely to promote your Listing and the Directory. It does not permit them to claim authorship of your Content.

6.3 Your warranties on Content.

You warrant that you hold all rights necessary to grant this licence and that your Content does not infringe any third party's intellectual property, privacy, or other rights.

6.4 Duration.

The licence continues while your Listing is published and for a reasonable period afterwards to the extent needed to remove Content from active and cached marketing. We do not acquire ownership of your Content.

7. Third-Party Links and Recommendations

7.1 Onward links.

Listings and surrounding pages may include links to third-party suppliers — for example tour operators, car hire, experiences, insurance, or independent guides and maps. These are provided to help Guests plan a trip.

7.2 Affiliate income is ours.

We may earn affiliate or referral income when a Guest follows such a link and buys from the supplier on the supplier's own site. That income is between LeaseMate and the supplier; it is unrelated to your rental and is not shared with or charged to you, and you have no claim to it.

7.3 No endorsement.

We do not supervise or guarantee any third-party supplier and accept no responsibility for their goods, services, or content. Your dealings with them are your own.

8. Disclaimers and Limitation of Liability

8.1 Service "as is".

The Website and Directory are provided on an "as is" and "as available" basis. We do not warrant that the Website will be uninterrupted, error-free, secure, or that it will generate any particular volume of Enquiries, traffic, bookings, or income for you.

8.2 No guarantee of results.

Listing in the Directory is not a promise of bookings. We give no assurance as to how many Enquiries a Listing will receive or whether any Enquiry will result in a stay.

8.3 Not responsible for the rental.

Because we are not a party to your arrangements with Guests, we are not liable for anything arising out of a stay or attempted stay — including a Guest's conduct, non-payment, cancellation, damage to your Property, personal injury, or any dispute between you and a Guest.

8.4 Liability cap.

To the maximum extent permitted by law, LeaseMate's total liability to you arising out of or in connection with these Terms or the Website, in any [• twelve-month] period, is limited to the total Listing Fees you paid us in that period. We are not liable for indirect or consequential loss, or for loss of profit, income, goodwill, or anticipated bookings.

8.5 What we don't exclude.

Nothing in these Terms limits any liability that cannot lawfully be limited, including liability for death or personal injury caused by our negligence, or for fraud.

8.6 Your indemnity.

You will indemnify LeaseMate against claims, losses, and reasonable costs arising from your Content, your breach of these Terms, your dealings with Guests, or your failure to comply with any law applicable to letting your Property.

9. Suspension, Removal, and Termination

9.1 Your right to withdraw.

You may remove a Listing at any time by notifying us by email or other verifiable means. We will take the Listing down within a reasonable period.

9.2 Our right to suspend or remove.

We may suspend, edit, decline to renew, or remove a Listing, or suspend or close your account, where you breach these Terms, where Content appears inaccurate or unlawful, or where we reasonably consider it necessary to protect Guests, other Hosts, or the Directory.

9.3 Effect of termination.

On removal or termination your licence to use the Website ends and we cease publishing your Listing. Clauses that by their nature should survive (including clauses 6 to 8 and 11) continue to apply.

10. Data and Privacy

10.1 Account data.

We process your account and Listing information to operate the Directory, in accordance with our Privacy Policy and applicable data-protection law.

10.2 Guest details.

Where we pass you a Guest's Enquiry, you become responsible for any personal data in it and must handle it lawfully and only for the purpose of responding to that Guest.

11. Changes, Governing Law, and General

11.1 Changes to these Terms.

We may update these Terms from time to time. The current version is always available on the Website, and material changes will be notified to you. Continuing to use the Directory after a change takes effect means you accept the updated Terms.

11.2 Independent parties.

Nothing in these Terms creates any partnership, agency, employment, or joint venture between you and LeaseMate. You act as an independent provider at all times.

11.3 Assignment.

You may not transfer your rights or obligations under these Terms without our consent. We may assign these Terms to a successor of our business.

11.4 Entire agreement.

These Terms (with any written introductory terms and our Privacy Policy) are the whole agreement between us about the Directory and replace any earlier understanding.

11.5 Severance.

If any provision is found unenforceable, the rest of the Terms continue in force.

11.6 Governing law and jurisdiction.

These Terms are governed by the laws of Iceland, and disputes are subject to the jurisdiction of the [• District Court of Reykjavík (Héraðsdómur Reykjavíkur)]. Nothing in this clause removes any mandatory protection a Host who is a consumer enjoys under the law of their home EEA State, and a Host who is a consumer may also refer a dispute to the Icelandic Complaints Board regarding the Purchase of Goods and Services (kærunefnd vöru- og þjónustukaupa).

11.7 Contact.

Questions about these Terms: [• email] · LeaseMate ehf., [• address].

Acceptance. By ticking to accept these Terms, creating a Listing, or paying the Listing Fee, you confirm you have read and agree to them. We will keep a copy of the version you accepted available to you on the Website.