Common use of Reservation Deposit Clause in Contracts

Reservation Deposit. A deposit totalling 35% of the agreed upon total amount is due with acceptance of rental agreement. Payment of deposit shall be deemed as acceptance of this rental agreement. Payment may be made by major credit card service offered by WPVP at time of reservation. DAMAGE DEPOSIT The minimum amount of the damage deposit is $500 and may be increased at management's discretion. This will be collected at time of key pick up by imprint of credit card. The credit card should be in the same name as the person who has made the reservation. The deposit is held until a satisfactory inspection of the suite is completed after departure. In the event of any damage to the suite, we will charge your card for damages. BALANCE PAYMENT The remaining balance is due 30 days prior to your arrival date. Payment may be made by major credit card online via our payment portal. You will recieve a reminder email notifying you that your final payment is due. CANCELLATION POLICY In the event that you must cancel your reservation, please be aware that cancellations must occur at least 30 days prior to arrival date. If cancellation occurs 30 days or more prior to arrival date all monies will be refunded with the exception of a cancellation fee totalling 10% of the total rental amount or $100.00, whichever is more. GUESTS THAT DO NOT CANCEL WITHIN THE 30-DAY TIME FRAME WILL BE CHARGED THE FULL AMOUNT. There will be no refund for early departure. If reservations are made within the 30-day window then no cancellations will be honored. HAZARDOUS PRACTICES Barbeque grills may only be used if provided by the Owner and must be used in the location provided only. No open flames (i.e., candle burning) are permitted on balconies or in the property). Do not dismantle smoke detectors as they are there for your protection. Please consider opening the sliding door when cooking to avoid accidental, activation of smoke detector alarm. PETS In most of our properties, pets are not permitted. Small dogs may be considered based on the advertised policy of the individual property. Type of pet, number of pets, and a description and photo of pet(s) must be provided prior to rental agreement signing by Manager. Additional cleaning fees and security deposits will be included. For homes where pets are not permitted, if evidence of a pet(s) is found in the property or on the premises, you will be asked to vacate immediately with no refund of rent or damage deposit. FAMILY RENTAL ONLY Reservations made for teenagers or young single groups will not be honored without any accompanying adult staying in the property at ALL times. We require at least one member of the party to be 25 (twenty-five) years of age! Any violators will be evicted in with forfeiture of all monies. All tenants are advised that all local ordinances regarding number of occupants permitted during overnight and daytime periods, noise, parking, animals and behaviour will be strictly enforced. Any violations resulting in WPVP, its representatives or local law enforcement agencies having to respond to complaints will result in immediate eviction from the property and forfeiture of all monies. In addition, renters will be subject to any citations or fines issued by local authorities. FALSIFIED RESERVATION Any reservation obtained under false pretence will be subject to forfeiture of reservation deposit, damage deposit, and/or balance of rental payment. HOUSEKEEPING There is no daily maid service. Linens and towels are included and are not to be taken from the property. An initial setup of trash liners, toilet paper, paper towels, and soap is provided. If professional carpet cleanings are needed to clean excessively dirty carpets, damage deposit will be impacted. Complimentary House keeping is provided at the end of your stay however additional cleaning fees will be due in the event that excessive cleaning is required.

Reservation Deposit. A deposit totalling 35% of the agreed upon total amount is due with acceptance of rental agreement. Payment of deposit shall be deemed as acceptance of this rental agreement. Payment may be made by major credit card service offered by WPVP at time of reservation. DAMAGE DEPOSIT The minimum amount of the damage deposit is $500 and may be increased at management's discretion. This will be collected at time of key pick up by imprint of credit card. The credit card should be in the same name as the person who has made the reservation. The deposit is held until a satisfactory inspection of the suite is completed after departure. In the event of any damage to the suite, we will charge your card for damages. BALANCE PAYMENT The remaining balance is due 30 days prior to your arrival date. Payment may be made by major credit card online via our payment portal. You will recieve a reminder email notifying you that your final payment is due. CANCELLATION POLICY In the event that you must cancel your reservation, please be aware that cancellations must occur at least 30 days prior to arrival date. If cancellation occurs 30 days or more prior to arrival date all monies will be refunded with the exception of a cancellation fee totalling 10% of the total rental amount or $100.00, whichever is more. GUESTS THAT DO NOT CANCEL WITHIN THE 30-DAY TIME FRAME WILL BE CHARGED THE FULL AMOUNT. There will be no refund for early departure. If reservations are made within the 30-day window then no cancellations will be honored. Please note booking taken on AirBnB or VRBO will revert to the cancelation policies listed on those respective sites. HAZARDOUS PRACTICES Barbeque grills may only be used if provided by the Owner and must be used in the location provided only. No open flames (i.e., candle burning) are permitted on balconies or in the property). Do not dismantle smoke detectors as they are there for your protection. Please consider opening the sliding door when cooking to avoid accidental, activation of smoke detector alarm. PETS In most of our properties, pets are not permitted. Small dogs may be considered based on the advertised policy of the individual property. Type of pet, number of pets, and a description and photo of pet(s) must be provided prior to rental agreement signing by Manager. Additional cleaning fees and security deposits will be included. For homes where pets are not permitted, if evidence of a pet(s) is found in the property or on the premises, you will be asked to vacate immediately with no refund of rent or damage deposit. FAMILY RENTAL ONLY Reservations made for teenagers or young single groups will not be honored without any accompanying adult staying in the property at ALL times. We require at least one member of the party to be 25 (twenty-five) years of age! Any violators will be evicted in with forfeiture of all monies. All tenants are advised that all local ordinances regarding number of occupants permitted during overnight and daytime periods, noise, parking, animals and behaviour will be strictly enforced. Any violations resulting in WPVP, its representatives or local law enforcement agencies having to respond to complaints will result in immediate eviction from the property and forfeiture of all monies. In addition, renters will be subject to any citations or fines issued by local authorities. FALSIFIED RESERVATION Any reservation obtained under false pretence will be subject to forfeiture of reservation deposit, damage deposit, and/or balance of rental payment. HOUSEKEEPING There is no daily maid service. Linens and towels are included and are not to be taken from the property. An initial setup of trash liners, toilet paper, paper towels, and soap is provided. If professional carpet cleanings are needed to clean excessively dirty carpets, damage deposit will be impacted. Complimentary House keeping is provided arranged at the end of your stay however additional cleaning fees will be due in the event that excessive cleaning is required.