Vacation Rental Agreement - Shorewood Real Estate
Vacation Rental Agreement - Shorewood Real Estate, Inc.
Revised March 24, 2021
a. Cancellations: All cancellations must be in writing. Notify Agent by submitting an email to: firstname.lastname@example.org. If the optional travel insurance was purchased, notify Generali Global Assistance to file a claim at 800.874.2442. Cancelled reservations are put back on the rental market to be re-rented. If the property is re-rented for the dates cancelled, Tenant will receive a refund less a $100 cancellation fee, less any discounts required to re-rent the property and less the travel insurance premium (if applicable). If the property is not re-rented, Tenant will not be entitled to a refund. If the property does not re-rent, Tenant may opt to reinstate the cancelled reservation. If a balance is owed on the reservation, payment is due in full immediately upon reinstating the reservation. To reinstate a cancelled reservation, submit an email request to: email@example.com.
Transfer requests should be made at least 60 days prior to arrival. Transfers only granted within the same property and season stated on this Agreement. Transfer fee is $100.00. NOTE: Shorewood Real Estate, Inc. reserves the right to cancel or transfer reservation at any time prior to taking occupancy. Should this occur, reservation will be transferred to a comparable property or refund all monies received from Tenant.
b. Transfer of Premises: If the owner voluntarily transfers the Premises, Tenant has the right to enforce this Agreement against the grantee of the Premises if Tenant’s occupancy under this Agreement is to end 180 days or less after the grantee’s interest in the Premises is recorded. If Tenant’s occupancy is to end more than 180 days after such recordation, Tenant has no right to enforce the terms of this Agreement unless the grantee agrees in writing to honor this Agreement. If the grantee does not honor this Agreement, Tenant is entitled to a refund of all advance rent paid by Tenant (and other fees owed to third parties not already lawfully disbursed). Within 20 days after transfer of Premises, the grantee or the grantee’s agent is required to:
i. notify Tenant in writing of the transfer of the Premises, the grantee's name and address, and the date the grantee's interest was recorded
ii. advise Tenant whether Tenant has the right to occupy the Premises subject to the terms of this Agreement or receive a refund of any payment made by Tenant.
c. Upon termination of the owner’s interest in the Premises, whether by sale, assignment, death, appointment of a receiver or otherwise, the owner, owner’s agent, or real estate agent is required to transfer all advance rent paid by Tenant (and other fees owed to third parties not already lawfully disbursed) to the owner’s successor-in-interest within 30 days and notify Tenant by mail of such transfer and of the transferee’s name and address. However, if Tenant’s occupancy under this Agreement is to end more than 180 days after recordation of the interest of the owner’s successor-in-interest in the Premises, and the successor-in-interest has not agreed to honor this Agreement, all advance rent paid by Tenant (and other fees owed to third parties not already lawfully disbursed) must be transferred to Tenant within 30 days. If the owner’s interest in the Premises is involuntarily transferred prior to Tenant’s occupancy of the Premises, the owner is required to refund to Tenant all advance rent paid by Tenant and other fees owed to third parties not already lawfully disbursed) within 60 days after the transfer.
a. holds in possession after Tenant’s tenancy has expired.
b. commits a material breach of any provision of this Agreement (including any addendum hereto) that according to its term would result in the termination of Tenant’s tenancy.fails to pay rent as required by this Agreement.c. has obtained possession of the Premises by fraud or misrepresentation. (NO HOUSE PARTIES. COLLEGE OR TEEN GROUPS.)d. No Pets unless otherwise specifically permitted.
i. Unless otherwise specifically permitted in this Agreement(including any addendum hereto), no pets shall be allowed on the Premises. Tenant’s breach of this provision shall be considered material and shall result in the termination of Tenant’s tenancy and a $500 unauthorized pet fee charged to the credit card on file.
e. No Smoking on the premises.
i. Tenant, or Tenant’s family or guests shall not smoke on the Premises. This includes smoking cigarettes, cigars, pipes, or any other smoking device. Tenant’s breach of this provision shall be considered material and shall result in a charge of $500 to the credit card on file and the termination of Tenant’s tenancy.
Addendum to Vacation Rental Agreement
Policies and Procedures
a. Failure to comply with the check-out procedures listed below will result in a minimum charge of $75.00 to the card on file.
i. Wash all dishes and put back neatly in cabinets.ii. Remove all food from cabinets and the refrigerator/freezer.iii. Make sure all furniture and furnishing are in original locations.vi. Remove ALL trash from the property and place outside in the receptacles.v. Remove linens (fitted sheet, top sheet, pillowcases) from beds. Place towels and linens in linen bag.vi. Lock all exterior windows and doors.vii. Make sure all appliances are OFF.viii. Check closets, bathrooms, under beds and other furniture for personal items prior to leaving.ix. Leave home broom clean.x. Pick up and discard pet waste.xi. Return all keys and gate cards/parking passes to Shorewood Real Estate.
xii. REPORT any maintenance needs or damages.
b. Charges for lost items listed above are as follows and will be charged to credit card on file.
i. Keys $5.00/eachii. Gate Cards $50.00/each
iii. Parking Passes $25.00/each
a. If booked over the phone or in person, the initial payment (advance required) is due 24 hours from the date reservation is placed and is equal to ½ of the base rental rate, travel insurance premium (if elected) and the VRPP Fee (if elected).b. If booked online, the initial payment (advance required) is due at the time the reservation is placed and is equal to ½ of the base rental rate, travel insurance premium (if elected) and the VRPP Fee (if elected).c. Payment methods for the first payment are Visa/Mastercard/Discover/AMEX or E-check. Final payment is due 45 days prior to your arrival date. Personal checks, E-checks, Discover, Visa/Mastercard/AMEX are accepted for final payment.d. For “last minute “reservations, defined as an arrival date 45 days or less from booking date, payment is due in full within 24 hours of booking over the phone or in person, or due in full at the time the reservation is placed online, and payable via Mastercard/Visa/AMEX or Discover.
a. VACATION RENTAL PROTECTION PLAN – One Time Non-Refundable FeeAccidental damages must be reported to Shorewood Real Estate, in order for Vacation Rental Protection Plan (VRPP) to provide coverage. No co-pay required. Proof of Loss Form must be filled out, signed by tenant, and provide copy of Identification.b. SECURITY DEPOSIT – Deposit that is Refunded, less damagesDamages reported by tenant or found after departure are deducted from security deposit. If damages exceed Security Deposit, Tenant agrees that charges can be processed on Tenant's credit card. Remaining balance of security deposit is refunded to original payment method within 45 days of departure.
Sometimes the units, which we rent, are also available for sale. Shorewood Real Estate reserves the right to show the rented property at a convenient time. When property is transferred, vacation rental tenants will be notified within 20 days advising them of their rights to occupy the property and their rights to receive a refund of any payments made. Tenants will also be given grantee names and addresses. Rentals that end 180 days or less after transferred must be honored by grantee. Shorewood Real Estate shall not be liable for changes to bedding, furnishings or amenities which occur from the transfer of ownership. Grantee or successor in interest can choose not to honor rentals that end more than 180 days after transfer; a full refund within 30 days is sent to the tenant for payments made. When landlords interest in property is terminated for any reason, all advance rents and fees are transferred to the successor in interest within 30 days. If transfer is involuntary, prior to tenancy, all payments must be refunded to tenants within 60 days of transfer.