DAVID REALTY COMPANY
Vacation Rental Agreement
Vacation Rental Agreement
Property: 405 Runnymeade Lane, Kings Beach, CA 96143
This rental agreement for the above property is made between David Realty Company - hereinafter known as DRC and ______________________________ - tenant. Occupancy to begin on _____________ and move-out will be on _____________. Maximum number of guests allowed in this rental is _________. No smoking permitted in property and no pets permitted inside or outside of property. Move-in time is after 3 P.M. on beginning day of occupancy and 12 noon or before on day of move-out. (All times local time at property)
Tenant agrees that at least one person 25 years of age or older shall be with the guests during the full length of this occupancy. Violations of this as well as the no pets, no smoking and occupancy policies above shall be cause for immediate cancellation of the rental, immediate move-out by all guests occupying the property and retention of the entire deposit without any recourse to DRC.
Rates for this occupancy will be $395.00 per night for ______ nights = $________ total plus a damage deposit of $1,000.00. Said deposit will be refunded within 5 days after move-out and pending a final inspection by DRC or its representatives. No interest will be paid by DRC to tenant on said deposit. Any damages beyond normal wear and tear will be deducted from tenant’s deposit before DRC returns same. Excessive damage and negligence may also result in additional charges to tenant.
Tenant shall not assign, sublet or sublease the property to any other person, persons or entity. Violation of this policy will result in immediate cancellation of the lease, move-out by all occupants and retention of entire deposit without recourse to DRC.
DRC has a no refunds policy for tenant’s inability to occupy premises during the agreed on time period - even if DRC is able to rent out the time to another party. Trip cancellation or travel insurance is highly recommended to be purchased by renter. (Not available at this time from DRC)
Tenant may peaceably hold and enjoy the premises without interruption during the term of this lease and DRC retains the right to enter the premises at reasonable times and with reasonable notice for reasonable and necessary purposes, including the right to show the property for sale or for rent. DRC may also enter the property without notice if in DRC’s opinion there is reason to believe that there may be imminent danger to the property or some person or persons inside same.
DRC warrants that property will be in clean condition and all systems in good working order and that any cost of repairs will be borne by DRC unless said repairs are due to misuse, waste or negligence of tenant. In the event of any damage to the premises due to electrical, plumbing, water leak or fire or in the event repairs are needed from same, renter agrees to promptly notify DRC and to take reasonable steps to minimize the damage to property. Any personal property of renter shall be on premises at the sole risk of renter who is responsible for insuring their personal belongings.
Renter shall use premises for residential purposes only and agrees to keep said premises in as good a repair as found when occupying it - normal wear and tear excepted. Renter agrees to quietly yield up the premises at the end of the occupancy period and to replace or pay to have repaired anything broken or lost and to have said cost deducted from the security deposit. Renter agrees to leave premises in reasonably clean condition. All applicable taxes and an end of occupancy cleaning fee are included in the nightly fee. Any excess cleaning charges will be in addition to the daily fee.
If, prior to occupancy, premises shall be destroyed or damaged by fire, flood, windstorm or other causes beyond the control of DRC; and become uninhabitable, this rental agreement shall become null and void and all monies paid in advance by renter shall be returned to same by DRC.
Should renter be unable to occupy the premises for any reason except the fault of DRC, all monies paid to DRC by renter in advance shall be retained by DRC without exception. Again, renter is strongly encouraged to purchase travel or trip cancellation insurance.
All rental payments to be paid in advance to David Realty Company - P. O. Box 17623 - Shreveport, LA 71138 or by most major credit cards. Confirmation of lease cannot be made until payment is received by DRC and lease agreement is signed by DRC representative and renter. DRC accepts ACH wire transfer and cashier’s checks. A 15 days holding period is required on all personal or business checks. Said rental payment policy also includes the deposit. A signed fax copy of this agreement has the same binding legal effect as an original copy as if the signatures were on the same instrument. This agreement shall be governed by the laws of the State of Louisiana if said agreement is in dispute by DRC or renter and legal counsel or litigation is employed or brought forth.
All covenants and agreements herein contained shall be for the benefit and shall apply to and bind the said parties hereto, their respective heirs, executors, administrators, successors and assigns. This rental agreement constitutes the entire agreement between DRC and the renter with respect to the subject matter contained herein and there are no understandings or other agreements between DRC and the renter with respect to said subject matter which are not contained herein. This rental agreement cannot be amended except by a written instrument executed by both DRC and the renter.