Rental Terms
This Timeshare Rental Agreement is between the Renter (Renter) and Cabo Life Rentals (Owner).
Note:
- “I,” “me,” “my,” or “mine” means the owner of the unit being rented (that’s me)
- “You or “yours” means the renter (that’s you)
- “The resort” means the Rental Property Name
- “The unit” means the Unit Number at the resort for the period from check-in time on the Date of Stay to check-out time on the Date of Stay (or as otherwise changed)
Unit Being Rented
The rental period is from check-in time on the check-in date (4:00 PM, local time) until the check-out time (10:00 AM) on the check-out date. The rental is solely for occupancy of the unit for the rental period. It does not include any transportation of any type or any payment for charges incurred while occupying the unit. This rental does not require you to attend, listen to, or participate in any timeshare sales presentation of any type. This is a non-smoking unit.
Payment for Rental
After receiving the initial deposit, I will contact the resort and place your name on the reservation.
- You have the option to make an initial 50% deposit to hold the unit. You must then pay the balance of the rental fee within (30) calendar days of check-in. Once the final payment has been received, I will provide you with a confirmed reservation in your name. If you do not pay the balance of the rental by that time, your hold on the unit will be released, and the deposit will be forfeited.
- I will accept only one “hold” on the unit at a time; if I am holding the unit for you, I will not accept a hold from another potential renter, nor will I rent the unit to another while it is on hold for you.
Changing the Reservation
I can ask the resort to change the check-in and check-out dates. Any rescheduling will still be for one week (seven nights) accommodations. If you want to change the reservation, the following terms will apply:
- We must make a minimum deposit required to hold the unit, as described in the above section.
- Prior to changing the reservation, you and I will also confer to determine the reservation changes to request. After you and I concur on the changes that will be requested, I will contact the resort to determine the availability of units meeting those criteria.
- After contacting the resort, I will review the available dates with you. I will then make a reservation change request to the resort in accordance with your preferences. I must receive payment in full for the rental in accordance with the above section before I will ask the resort to change the reservation. If none of the available changes are acceptable to you, I will refund all payments you have made (unless your request is made less than 30 days from the initial arrival date).
- There is an inevitable time lapse between when I ask the resort about the availabilities of requested changes in reservations and the time when the resort processes my request. Because of this time-lapse, I cannot guarantee that your requested change will be completed. (Another owner could reserve the same unit in the intervening time.) If the changed reservation is no longer available, I will contact you again to determine if there are other changes that might be acceptable to you. If we can’t identify any other suitable changes, I will refund all payments you have made. (Note that you can reduce the chance of losing a potential change in the reservation by paying in full before the reservation change is requested.)
- Because the resort will not allow reservations to be made more than 365 days before check-in day, if you request a different check-in day, your requested check-in day cannot be more than 365 days in the future from the day the change request is made.
- Because of the extra effort and uncertainties involved in changing the reservation, if I receive several offers to rent or hold the unit, I will give priority to an offer or hold that does not involve a change in the reservation. Please be aware that if you change the reservation, you will probably receive a unit other than the unit originally confirmed in this contract. The particular unit obtained will depend on availability for the requested check-in date. After changing the reservation, the new unit may be a less desirable unit.
Canceling the Rental
If you cancel the rental, refunds will be as follows:
- Cancellation more than 60 days prior to check-in, I will refund 100% of the deposited funds.
- Cancellation between 30 and 60 days, I will refund 50% of the deposited funds. If you find a renter, I will refund you the amount paid by the new renter if the new renter paid more than 50% of your rental fee. If the new renter makes payment by personal check, you and I agree that payment will not be considered as received until the check clears his or her bank. The new renter must accept the unit under the same terms as your rental (except for the rental fee).
- Cancellation 30 days or less prior to check-in, there will be no refund of any funds received. If you find a new renter, I will refund the amount paid by the new renter. If the new renter makes payment by personal check, you and I agree that payment will not be considered as received until the check clears his or her bank. The new renter must accept the unit under the same terms as your rental (except for the rental fee).
Obligations of Renter
You agree to abide by all rules and regulations of the resort during your stay. You agree to maintain the unit in the same condition as it is at the time of check-in, except for normal wear and tear. You agree to pay for incidental charges imposed by the resort, including, but not limited to:
- Telephone Charges
- Food, Beverage, or any other room charge
- Charges for transient occupancy tax, if applicable
- Additional maid or housekeeping service beyond the mid-week light housekeeping
- Other charges of the resort for services or the use of facilities
- Charges for damages, repairs, or replacement of furnishings missing from the room inventory after your occupancy of the unit.
- You agree to sign a credit card slip at check-in to guarantee payment for these charges.
- You agree not to sublease or rent the unit to a 3rd party
Unavailability of the Unit
In the unlikely possibility of the unit being unavailable or unusable when you arrive for check-in or at any time during your occupancy (due to such circumstances as damage to the property, emergency repairs, or error by the resort in booking reservations), your rental payment and deposit will be returned in full. You and I agree that the provisions of this section will be the sole extent of my liability associated with the unavailability of this unit.
