Very interesting tread. Last night (on a Aruba bb) I had posted the contract that I sent out to renters of my unit in Aruba. I had asked for 100% payment.
This is the contract. Does anyone have anything that I should ad (or delete).
RENTAL CONTRACT
RESERVATION: Upon mutual agreement, the owner and renter has agreed on the rental of __________________ (name of Timeshare) in
_________________ (Location) Phone # ________________ for the amount of $___________.
WEEK(s) # ______
Arrival Date ________________ (day of week & date)
Departure Date __________________ (day of week & date)
Unit # _______
Maximum # of People in Unit: 5 people
Smoking Unit ____ No ____ Yes
UNIT TYPE: (Example) 1 Bedroom, 1 Bath, Living Room, kitchenette, Dining Table, Patio (or Balcony)
SLEEPING ARRANGEMENTS: (Example) 1 Bedroom: King Bed; Living Room: Queen Sleeper Sofa and Sleeper Chair
COOKING FACILITIES: (Example) Full-size Refrigerator & Freezer, Stove Top with 4 burners (no oven), Kitchen Sink, Microwave, Coffee Pot, Blender, Toaster Oven, Dishes & Glassware, Cultery, Pots & Pans, Cookware, Cooking Utensils
CHECK-IN: 4:00 p.m.
CHECK-OUT: 12:00 noon
PAYMENT TERMS: (Optional - Example)
Security Deposit: $ ____________ due by ____________ (Date). Security Deposit will be returned to renter (Example) 2 weeks after departure date of ___________.
Rental Fee: (Example) 100% of full rental fee due by ___________ (date)
OR
(Example) $ ________ deposit due by ________ (date). Balance of $ _______ due by ___________ (date).
METHOD OF PAYMENT: (Example) Personal check, Bank check, Money Order or Pay Pal
CANCELLATION: (Example) No cancellation is allowed once payment has been received unless the unit can be re-rented by the owner. The renter agrees not to sublet the unit. The rental rights are non-transferable.
OBLIGATION OF RENTER: The renter must be over the age of (Example) 25 years old and must occupy the unit during the dates stated on the contract. The renter agrees not to exceed the maximum # of (Example) 5 people in the unit.
Upon check-in at ________________ (Name of Resort) Front Desk, the renter agrees to show ID and to sign a credit card slip. ID and credit card must be in the same name as on the rental contract.
Renter agrees to pay for all incidental charges imposed by __________________ (Name of Resort) including: energy charge, occupancy taxes and hotel taxes (Estimate of $ ________ per week). Telephone charges, food, beverage or any other incurred expenses billed to the unit are the responsibility of the renter. The renter is responsible for theft, damages, repairs, or replacement of furnishings missing from the unit.
OBLIGATION OF OWNER: Upon receipt of full payment of $_________, the owner will notify ______________ (Name of Resort) informing the resort that the renter will be occupying unit #________ for __________________ (dates).
When _________________ (Name of Resort) confirms the name change for the unit, the owner will forward a copy of the letter (or e-mail) from the resort confirming the unit has been reserved in the name of the renter.
_____________________________________________________________________________ ______
WHEN SIGNED BY OWNER AND RENTER AND NOTARIZED THIS AGREEMENT IS A LEGAL AND BINDING CONTRACT.
OWNER:
Print Name _________________________ Signature _________________________
Address _______________________________________________________
Home Phone _____________ Work Phone _________________ Email _____________
NOTARIZED _______________________________
RENTER:
Print Name ________________________________ Signature ______________________________ Age 25 or over ____ Yes ____ No
Home Phone _________________ Work Phone _______________ E-mail __________
NOTARIZED ________________________________
SIGN & NOTARIZE BOTH COPIES. Keep 1 copy for your records. Return other copy in SASE.
