Rental Agreements

For the protection of both the Renter and Rentee, it is wise to create a formal rental agreement. The purpose of such an agreement is to help protect both parties involved in the transaction. The agreement should stipulate the amount and due date of each payment, what actions may be taken if payments are late, and cancellation policies (if any.)

While renting DVC points enables non-DVC members to experience upscale accommodations at reasonable prices, DVC resorts, unlike their hotel counterparts, have stringent cancellation policies. Although most DVC members will try to help renters book a new vacation subsequent to cancellation, oftentimes, their hands are tied by DVC’s policies. Expect to see these policies reflected in the rental agreement. Consider obtaining travel insurance if a strong possibility of cancellation exists.

Each rental agreement is a unique pact between the two involved parties. Before agreeing to anything, read your contract thoroughly and make sure you are comfortable with all of the terms and conditions.