Talk of The Villages Florida - View Single Post - Security Deposit for renters
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Old 10-05-2011, 12:28 PM
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I would also suggest you check the rental agreement to see what it says about cancellation. I can not speak to how folks handle rental cancellations in TV but we did have a vacation rental home in FL a few years ago. While we handled all the rental agreements our property manager was adamant about making sure we had a cancellation clause in the agreement. Our clause stated rent was due 45 days prior to check in. In case of cancellation within 30 - 45 days we charged 1/3 of the rent and less than 30 days was 1/2 of rent. Thankfully in five years we never had to deal with that.