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payment of rent for villas/penthouses, etc
#174379
11/06/2018 12:30 PM
11/06/2018 12:30 PM
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Joined: Feb 2005
Posts: 836 Harriston
megamania
OP
Traveler
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OP
Traveler
Joined: Feb 2005
Posts: 836
Harriston
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Hello all. For those of you that have rented an entire villa, or a penthouse apartment, etc. I am wondering how many of you have to pay the total cost of rental 60 days prior to arrival. I totally understand the 25 per cent down, to secure your place, but just curious if the payment in full 60 days prior is normal. We arrive Jan 26/2019. We have already paid our 25 per cent down, and it appears we need to make the rest of the payment by Nov 26/18. I really do not have a problem with it other than what would happen if someone got seriuosly ill and could not make the trip. Or God know's what, you never know. Just curious and interested in other's who have rented . Always appreciative of your comments.
Randy and Meg Young
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Re: payment of rent for villas/penthouses, etc
[Re: megamania]
#174385
11/06/2018 12:43 PM
11/06/2018 12:43 PM
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Joined: Aug 2000
Posts: 82,900 Central Florida!
Carol_Hill
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Traveler
Joined: Aug 2000
Posts: 82,900
Central Florida!
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In my experience, that's pretty darn common, almost universal, when you're talking a villa or similar. Villas are not like hotels, that there are several units alike and you can re-rent the unit virtually at the last minute. Trip insurance is ALWAYS recommended in such situations.
Carol Hill
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Re: payment of rent for villas/penthouses, etc
[Re: megamania]
#174386
11/06/2018 12:46 PM
11/06/2018 12:46 PM
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Joined: Jan 2008
Posts: 13,143 Ottawa, Ontario, Canada
islandgem
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Traveler
Joined: Jan 2008
Posts: 13,143
Ottawa, Ontario, Canada
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In addition to the deposit at the time of confirmation, I have always had to pay the entire balance one month prior to arrival. If you reserve close to the time of arrival, you usually have to pay the entire amount when you reserve. Some rentals may require payment 2 months in advance as your rental does. In case something happens unexpectedly and you have to cancel, always get travel insurance to protect yourself. Some rentals will refund your money, but some won't so you need travel and cancellation insurance to get your money refunded. Hope everything goes as planned for your trip in January.
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Re: payment of rent for villas/penthouses, etc
[Re: Carol_Hill]
#174391
11/06/2018 01:39 PM
11/06/2018 01:39 PM
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Joined: Feb 2005
Posts: 836 Harriston
megamania
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Traveler
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Posts: 836
Harriston
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I always get cancellation insurance for my flight in case of having to cancel because of the allowed circumstances. And, I have a wonderful medical insurance through my work pension that would take care of me and my spouse if anything medical should happen. Thinking about that now, I don't believe I would have any insurance to cover the cost of the villa per say. I will have to ask some more questions and see what I come up with. The only reason I would ever not go on my vacation would be because illness or heaven forbid a death in the family.....and I am covered as far as flight or if on island emergency medical. I should check with travel agent to ask questions re what cancellation insurance covers exactly through her.
Randy and Meg Young
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Re: payment of rent for villas/penthouses, etc
[Re: Fletch]
#174396
11/06/2018 02:30 PM
11/06/2018 02:30 PM
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Joined: Feb 2005
Posts: 836 Harriston
megamania
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Posts: 836
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Fletch, thanks for reminder, I did check the terms and conditions, and as you said there is a cancellation policy....looks like 60 days before or anything less than that, would be pro-rated, or if in fact they were able to rent the place, they would re-imburse amounts with service charges, etc. And, if for instance it was my husband and myself that could not go for whatever reason, they would be ok with another couple taking our place as long as they were approved. So..I feel a bit better for asking, etc. Thanks one and all for your help. TTOL folks are awesome.
Randy and Meg Young
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