Common use of Security Bond Clause in Contracts

Security Bond. Before your arrival, Coffs Coast Accommodation will pre-authorise a security deposit payment of $2000 or $1500 for our luxury properties, or $1000 for our family-friendly properties using the credit card provided. To bring your pet to Pet Friendly properties, there is an additional bond of $500. The Security Bond will be credited to your card within seven days following your departure, less any deductions per the conditions listed below. Once the property has been inspected and considered, at the absolute discretion of Coffs Coast Accommodation, to be in the same condition as when you arrived. Compensation for damage, loss or theft, any excess cleaning that may be necessary after your stay or payment of penalties for overstaying or breach of house rules or for any other breaches of these Terms & Conditions, will be applied against the Bond. Coffs Coast Accommodation will be entitled to make further deductions from this credit or debit card over and above the pre-authorisation should such charges be required. Furthermore, should the cost of repairs or replacement caused by damage exceeds the amount of the Bond or the credit available, Coffs Coast Accommodation has the right to pursue you for the entire amount plus expenses. In the unlikely event, a property sustains an insurance event that precludes the availability of a property, the owners of the booked property reserve the right to alter or amend any scheduled reservation before the check- in date. We will offer you the opportunity to rebook another property if available, rebook alternate dates or be provided with a full refund. Please refer to the annexure in this document for the Security Bond Agreement.

Security Bond. Before your arrival, Coffs Coast Accommodation will pre-authorise a security deposit payment of $2000 or $1500 for our luxury properties, properties or $1000 for our family-friendly properties using the credit card provided. To bring your pet to Pet Friendly properties, there is an additional bond of $500. The Security Bond will be credited to your card within seven days following your departure, less any deductions per the conditions listed below. Once the property has been inspected and considered, at the absolute discretion of Coffs Coast Accommodation, to be in the same condition as when you arrived. Compensation for damage, loss or theft, any excess cleaning that may be necessary after your stay or payment of penalties for overstaying or breach of house rules or for any other breaches of these Terms & Conditions, will be applied against the Bond. Coffs Coast Accommodation will be entitled to make further deductions from this credit or debit card over and above the pre-authorisation should such charges be required. Furthermore, should the cost of repairs or replacement caused by damage exceeds the amount of the Bond or the credit available, Coffs Coast Accommodation has the right to pursue you for the entire amount plus expenses. In the unlikely event, a property sustains an insurance event that precludes the availability of a property, the owners of the booked property reserve the right to alter or amend any scheduled reservation before the check- in date. We will offer you the opportunity to rebook another property if available, rebook alternate dates or be provided with a full refund. Please refer to the annexure in this document for the Security Bond Agreement.