Vacation Rental Lease Agreement (Sample)

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Vacation Rental Lease Agreement (SAMPLE)
Welcome! Your family’s vacation reservations have been made and we thank you for
choosing Sun Realty! On behalf of our staff and management team we look forward
to seeing you and hope that you have an enjoyable, memorable vacation on the
beautiful Outer Banks.
THIS IS A VACATION RENTAL AGREEMENT UNDER THE NORTH CAROLINA VACATION
RENTAL ACT (NCGS 42A). The rights and obligations of the parties to this agreement are defined by law
and include unique provisions permitting the disbursement of rent prior to tenancy and expedite eviction of
tenants. Your signature on this agreement or payment of money or taking possession of the property after
receipt of the agreement is evidence of your acceptance of the agreement and your intent to use this property
for a vacation rental.
Terms of your Lease Agreement
1. IN CONSIDERATION of the rent received and the mutual promises herein, the Owner of the
subject property, through Sun Realty of Nags Head, Inc., his agent, does hereby lease and rent to
Tenant that certain property described above and under the following terms and conditions.
2. THIS LEASE MUST BE SIGNED BY TENANT AND RETURNED TO AGENT WITHIN 7 DAYS OF
RECEIPT. Reservation is subject to be cancelled if we have not received your sign lease within (7)
days of receipt. Please retain one copy and return the other copy to Sun Realty.
3. CANCELLATION: In the event Tenant cancels his reservation of the leased property and said property is
not re-rented during the entire term set out above, then all rent consideration previously tendered will be
forfeited by Tenant and retained by Owner. All cancellations must be in writing. If the property is re-
rented, then rent, taxes and/or security deposit consideration previously tendered by Tenant will be
refunded to him, less a service fee of $235.00, plus any other reasonable costs to re-rent the property.
Please note insurance premium, if paid, is not refundable. The Tenant shall not assign this agreement or
sublet the property in whole or in part. All sublets must be handled directly by Sun Realty of Nags Head,
Inc. (If you have purchased trip cancellation insurance at the time of making your reservation, please refer
to your policy for instructions on recovering your loss due to a cancellation.)
4. TRANSFER: In the event that a Tenant requests a transfer from one week to another week in the same
unit and the time period is available, the transfer will be allowed with a service charge of $100.00. All
transfers must be made at least 30 days prior to occupancy in order to allow agent time to re-rent. A new
lease agreement will be mailed reflecting the change of dates upon receipt of the service charge. Transfers
can only be arranged within the original property rented and not to other properties and must take place
within the same calendar year.
5. HOUSE RULES:
A. PAYMENT OF RENTS AND ACCEPTED FORMS OF PAYMENT *NO PERSONAL CHECKS
ACCEPTED AT CHECK-IN* We ask you confirm your reservation within seven days by sending
an advance rent payment and any applicable trip insurance premium and/or security deposit (if
required). We encourage you to pay online via e-check through the link on our website to Rent
Payment, a 3rd party processor. We’re also happy to accept your personal check mailed to us at Sun
Realty PO Box 1630 Kill Devil Hills NC 27948. Upon receipt of your payment, a lease agreement
will be forwarded to you to confirm your reservation. The signed copy of the lease agreement must be
returned to Sun Realty within seven days upon receipt via mail, fax or email. The balance payment of
your rent will be due at least 45 days prior to your check-in date. This balance of rent, taxes, fees,
may be paid by personal check, money order or cashier’s check. We will not accept personal checks
less than 45 days before your arrival. Tenant acknowledges and authorizes the advance rent payment,
less agent’s commission and fees are to be disbursed in advance of occupancy to the property owners
individual trust account and any applicable vendors, including Red Sky Travel Insurance, following
payment. Tenant acknowledges this and releases any right for civil suit against Sun Realty for any

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