Ask RedWeek

Prospective renter

Mar 12, 2013

I have received an offer to rent my Mayan Palace Nuevo Vallarto. What do I do now? I'm a little hesitant because he, José has been asking for a reduction, but finally agreed to the amount listed on Redweek. What do I do now?

Help, Aileen


Aileen L.

Last edited by phyl21 on Mar 12, 2013 08:25 PM

Mar 13, 2013

What you do now is use a timeshare rental agreement ('search forums' for such) with all the particulars of your rental then signed by both you and the renter.

Below is a sample provided by Redweek (copy and paste url):

http://www.redweek.com/resources/rental_process/rw_sample_rental_agreement.pdf


R P.

Last edited by jayjay on Mar 13, 2013 08:40 AM

Mar 13, 2013

Here's another one, however many people demand total payment upfront.

SAMPLE RENTAL AGREEMENT:

RESERVATIONS - Upon mutual agreement of unit rental, a ____% deposit must be made to confirm your reservation. Balance is due upon written confirmation or no later than _________, 2007. Payment is to be made with a bankcheck/draft (or a personal check if you accept that mode).

CANCELLATIONS - No cancellation allowed once a reservation has been made.

CHECK-IN/OUT - Check-in time is _____ P.M. on arrival date of __________, 2007. Check-out time is _____A.M. on date of departure of_________, 2007. Any exceptions must have prior approval from the owner and/or resort. The agreed upon rental price for the above stated timeframe or week of ______, 2007 is ________$ for unit number ____ at _________ (resort).

RULES AND REGULATIONS - Upon check-in, you must present a credit card to the front desk personnel, just like when you rent a hotel room. YOU are responsible for any damage, loss or theft incurred while renting this property. Any damage, which is not considered normal wear and tear, loss or theft caused by you, the renter, may be charged to your credit card. In order to reserve the integrity of the unit, we ask that it be occupied in a quiet and dignified manner. As guests of ______________(resort), you are expected to respect the premises and its contents and guard against damage, loss or theft. You are expected to adhere to all of _______________(resort) rules and regulations. The _____________ (resort), its employees and property owners will not be held libel for any claims, suits, damages, costs, losses and/or expenses arising from injury to any person or property occurring on the premises resulting from/relating to rental of this property. The renter must be at least 21 years of age and agrees not to sub-rent this unit. The rental rights acquired from this rental agreement are non-transferable.

TELEPHONE - All telephone calls, toll calls etc. will be billed to your credit card. NO PETS ALLOWED AT______________ (RESORT) AND NO SMOKING ALLOWED IN THE UNITS. A copy of this rental agreement is hereby acknowledged by both parties.

_________________ _________________ Signature of renter Signature of owner

Name, address, phone Name, address, phone __________________ __________________

Re : >> CANCELLATIONS - No cancellation allowed once a reservation has been made. << =========================================

Addendum if you so choose below:

"Upon owner receipt of payment for this rental, the reservation is considered by both parties to be confirmed. No refund will be issued in whole or in part at any subsequent time in the event of later cancellation by renter."


R P.

Last edited by jayjay on Mar 13, 2013 08:47 AM

Mar 13, 2013

Thanks! I found the form. Aileen14


Aileen L.
Mar 17, 2013

Thanks!


Aileen L.

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