Vacation Rental Contract Cancellation Fee
Vacation Rental Agreement Cancellation Wording
Our vacation rental contract cancellation fee is clearly spelled out. The following is how our cancellation policy reads and it has worked well for us:
*There is a flat $100 service fee for all cancellations.
*Cancellations more than 60 days out will have all monies refunded, less the $100 cancellation fee.
*Reservations cancelled less than 60 days but more than 30 days prior to the check in date will be refunded if the property can be rebooked. If there is a price difference between the original booking fee and the rebooking fee, the difference in pricing will be collected from the original deposit in addition to the $100 service fee for all cancellations.
*Reservations cancelled less than 30 days prior to the Check in date will forfeit all monies paid (except security/damage deposit and exit cleaning fees which will always be returned for cancelled reservations).
When most of our renters reserve well in advance, last minute cancellations can really hurt your bottom line if you are not protected with a good vacation rental contract cancellation policy.
After all, it's not your fault the people had to cancel so why should you suffer the hardship for it?
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