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Re:Quick Question concerning renting timeshare unit (by Mike N.):

carolynj46 wrote:

Angie,

Is there a general contract on Red Week that can be used? Or did you draw you're own?

Ist time renting my timeshare and I want both myself and renter protected.

Any help you can provide would be great. I was thinking of using Pay Pal as funding source.

Carolyn

Here is the link to RedWeek's Rental Agreement. This is a good starting point and you should modify it as necessary. I always add any additional mandatory costs charged at check-in as well as whether or not housekeeping is provided (prevents surprises).

I make sure to highlight rules such as No Smoking or No Pets.

I also add a line which states that the renter must adhere to all the policies of the resort. And be sure your cancellation/refund policy is clear.

PayPal is OK, but it really doesn't give too much protection to either party. Yes, you get your $$, but if for some reason the renter did not pay (or the check bounced) all you need to do is inform the resort that Mr & Mrs Renter is not permitted to use the unit.

The only protection the renter gets from PayPal is if they use a credit card and that is only if they dispute the charge.

Good Luck