Cancellation Policy for Vacation Rentals

Below is a sample of our office's tenant cancellation policy for short-term vacation rental leases through our office. Please reference your specific lease for the fully agreed upon terms as this page is for information purposes only. The sample cancellation policy on this page may differ from the cancellation policy on your specific lease or any new reservation being placed. Our office's cancellation policy is subject to revisions periodically, the cancellation policy below was updated on 7/23/2024.

CANCELLATION BY TENANT

In the event of cancellation by the Tenant, the disposition of any deposits made is up to the Owner. If Owner agrees to absolve this lease agreement on Tenant's behalf, payments will be refunded only when the property is re-rented at no loss to Owner and 12% of such refund and $65 processing fee shall be deducted by the Agent as a fee for re-rental services. Tenant is responsible for all lease payments up until the property is re-rented at no loss to the Owner.

CANCELLATION OF LEASE DUE TO COUNTY/CITY/STATE/FEDERAL ORDER.

In the event of a County Order, City Order, State of New Jersey or Federal Executive Order or Administrative Order, as may be amended or supplemented, or any other law, regulation, or other order (collectively referred to as a “Governmental Order”), which restricts or prohibits rental of properties, including but not limited to seasonal, short-term, or transient rentals is in effect, has not been rescinded or modified or has been extended, this Lease shall be canceled and of no further force or effect, and neither Landlord nor Tenant shall have any further rights or obligation under the Lease with the exception of those that expressly survive cancellation, the deposit shall be refunded to Tenant subject to the retention of the Commission as set forth in this paragraph. Commission and nonrefundable processing fee: Tenant and Landlord agree that COASTLINE REALTY, LLC has been paid a commission of 12% of the total rent for this Lease notwithstanding the cancellation and refund of the deposit. The commission fee has been paid by the Landlord to COASTLINE REALTY, LLC from the deposit and the balance of the deposit shall be refunded to the Tenant by the Landlord. The Tenant acknowledges payment of the processing fee and the commission to COASTLINE REALTY, LLC, represents efforts of COASTLINE REALTY, LLC, in processing the rental application, lease agreement and subsequent cancellation and issuing of refund from Landlord to Tenant. The Landlord and Tenant

COVID-19 related cancellations or change of plans will be up to the owner's discretion. The cancellation policy is in effect for all reservations. Please consider looking into purchasing travel insurance for your vacation.

COMMISSION AND NONREFUNDABLE TENANT PROCESSING FEE

Owner agrees to pay COASTLINE REALTY, LLC a commission of 12% of the rent payments for this lessee. The tenant acknowledges payment of the Processing Fee to COASTLINE REALTY, LLC as shown in payment schedule that represents efforts of COASTLINE REALTY, LLC in processing the rental application and lease. The landlord and tenant understand, acknowledge and agree that the commission and tenant processing fee represent compensation from both parties to this transaction.

UNSEEN RENTALS

We highly recommend that anyone signing a lease personally inspect the property before signing the lease. COASTLINE REALTY, LLC makes no warranty as to the condition or description of the property and photos as viewed online. All homes are privately owned, furnished, maintained and decorated to the owners taste which is subject to change. COASTLINE REALTY, LLC will not be held responsible to provide a refund to an occupant who is dissatisfied with a residence.

POSSIBLE VIRUS DISCLOSURE

Landlord and Tenant(s) acknowledge the existence of viruses and other infectious diseases, and the dangers of potential exposure that could occur as the result of entering or renting a Property. Landlord and Tenant, represent to the best of their knowledge, for each member of their respective households and family members, have not tested positive or shown signs of COVID 19, or other similar virus, have not been in contact with any person in the past 14 days who has tested positive for such a virus or is waiting for results of a test for COVID-19. Landlord and Tenant agree to immediately notify in writing the other party and COASTLINE REALTY, LLC if there is any change in this representation at any time prior to occupancy and during a 14-day time period after Tenant occupies the property. Landlord and Tenant agree that each of them will hold harmless, release and indemnify the other party, and COASTLINE REALTY, LLC, its employees, agents and representatives, to the fullest extent permitted by law, for any loss, claims, demands, damages or costs for any personal injury or damage relating to or arising from the occupancy of the property and exposure to an infectious disease, including COVID 19 or other similar virus. If Tenant, or Tenants invitees or guest is infected by COVID 19, or other similar virus, during occupancy, then they must immediately vacate the property and if required by government officials to remain in the property, or be quarantined in the property, the lease terms will be extended to commensurate with the length of quarantine and the Tenant will be obligated to pay published rental rate of the property.