TERMS

Sloan Properties Seasonal Rentals File: Form # 1 TERMS (updated 9/01/12)

Reservations

To reserve a rental apartment a simple application is required, as well as a $450.00 deposit (and a one-time $50.00 application fee for leases longer than 2weeks). The application will be sent to you via fax (or Email). Once the application and (app fee/ deposit check) are received by our office it will be processed and the apartment will be reserved for you. If you choose to reserve the apartment immediately, please fax back the application along with a copy of the check on the same date that you mail them and the apartment will be tentatively reserved for you upon receipt of the fax.

Once the application is processed and approved, the $450.00 is converted into a security deposit and the reservation is confirmed. The security deposit will remain on account for the term of your lease and be refunded to you after a checkout walkthrough and inventory checklist review and all utility bills regarding your apartment have been received (always within 30 days of your departure). If for some reason the application is not approved the $450.00 will be refunded to you immediately after the funds are cleared.

Short Term leases (shorter than 4 months)

Upon approval a lease would be emailed to you for your signature (to be returned via fax). At this time a deposit equal to 25% of the total lease cost is due including Fl sales & tourist development tax, exit cleaning service charge (and any intermittent housekeeping and/ or linen laundry service fees, if this is included in your lease). One month prior to the beginning of the shoulder season (Sept 1) you would be billed an amount equal to 50% of the total lease cost. This invoice is due on October 1st. If your application approval occurs after October 1st, you will be billed immediately for this amount.  The 25% balance (which will also be billed to you) will be due one month prior to your arrival.

Long Term Leases (4 months or longer)

Upon approval a lease would be signed and you would be billed for the first and last month’s rent, including Fl sales & tourist development tax (if applicable) and a security deposit equal to a full months rent. This amount is due prior to move-in. Each consecutive month’s rent, along with any intermittent housekeeping and/ or linen laundry service fees (if this is included in your lease) would be due on the 1st of each month and late on the 5th of that month. You will not receive invoices for monthly rental payments due.

Cancellations

One month or weekly leases may be cancelled at any time, without further obligation to rent the apartment. However whatever deposit moneys have been submitted will be forfeited.

Leases longer than one month would require a 50% cancellation fee (of the total lease amount).

If full payment has been received you will be refunded the $450.00 security deposit as well maid service and applicable linen laundry service costs. If the apartment is successfully re-rented in full or in part during your lease period you will also be refunded 50% per diem rental of your lease.

Travel Insurance is highly recommended, as it can protect you from incurring out of pocket cancellation costs should a medical condition or other unforeseen event require you to cancel your visit.

All deposits, rents, and fees to be paid in U.S. cash or checks. All quoted prices are subject to local and state taxes. There are no refunds for early departures.