Vacation Rental Lease Agreement (Sample) Page 2

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loss. A $25.00 service charge on any returned check will be added to your balance. We use a third
party processor for any Credit Card Payment. ALL PAYMENTS ARE TO BE MADE IN U.S.
FUNDS. SECURITY DEPOSITS are collected on some rental units and in some rental situations.
Management reserves the right to charge a security deposit on any reservation when deemed in agent
or owner’s best interest. The purpose of this security deposit is to protect the owner, property, and
contents, payments of rent, etc., as well as you. Our inspector will ensure the property is left in proper
order, clean and damage free. Your security deposit (if paid) will be mailed back to you by check
within 45 days following your departure, with any necessary deductions noted. Any applicable
security deposit will be handled in accordance with NCGS.42 and 42A. Any Security Deposit will be
administered in accordance with the North Carolina Tenant Security Deposit Act. Agent will
deposit all funds in an interest bearing trust account with RBC Bank Nags Head, NC, which will
be changing to PNC in March 2012, with any interest payable to agent. SUN REALTY PLAN –
Any Security Deposit will be administered in accordance with the North Carolina Tenant Security
Deposit Act. Agent will deposit all funds in an interest bearing trust account with RBC Bank Nags
Head, North Carolina, with any interest payable to agent. Sun Realty Plan: As a reward for your care
and a thank-you for renting from us, in most cases we will waive the usual security deposit
requirement and also will waive the cost of repairing minor accidental damage and loss (in either case
valued at less than $500) caused by otherwise careful guests during their stay in one of our homes,
that is reported to us no later than check-out time. You remain responsible for the proper care of our
homeowners’ property and any costs exceeding $500. We will not excuse deliberate damage or gross
negligence; loss of property due to theft unless a police report has been filed; or damage caused by
motor vehicles or watercraft. Our decision as to whether the damage appears to have been caused
accidentally, and whether to waive the charges associated with the repair or loss, will be final. If you
would prefer to pay a standard security deposit, we will allow you to do so, will charge all damages
against that deposit (the Sun Realty Plan would not apply), and will deduct $30 from the rent—you
must let us know you prefer the standard security deposit option when you send your advance rent
payment.
B. CHECK-IN: Check-in time is after 4pm. In order to allow sufficient time to prepare the property for
your use, we ask that you do not request early occupancy. KEYS WILL NOT BE RELEASED
UNTIL AFTER 4 PM. Upon your arrival, you’ll receive 2 keys and directions to your rental unit.
Please call your check-in office to make arrangements for check-in after 5:00 P.M. If late arrival, keys
and directions to your rental will be in our drop box in front of your check in office, provided your
reservation is paid in full and we have a signed lease on file for you on the beginning date of your
reservation. NO KEYS WILL BE GIVEN UNLESS ENTIRE BALANCE DUE IS PAID IN FULL
AND LEASE AGREEMENT SIGNED. NO ONE WILL BE AVAILABLE AFTER HOURS TO
RELEASE KEYS. A limited number of Early check-ins or late check outs may be arranged in
advance for an additional fee. Please call our office for arrangements.
C. FAMILY GROUPS ONLY: We rent only to family groups (parents, grandparents, children, and
extended family members vacationing in one home.) Tenant and his family will be sole occupants of
property. No fraternities, school or civic group, un-married young adults, high school or college
student groups nor other non-family groups allowed. IDs must be furnished upon request. Absolutely
no house parties allowed. We do offer a select number of homes designated for special events such as
family reunions, weddings, or anniversaries (with approval prior to making your reservation).
Periodically we may advertise specific group specials; for which you must qualify. Violation of the
above is grounds for immediate lease termination and/or eviction without refund of rent paid unless
re-rented. NO EXCEPTIONS. The undersigned represent themselves to be an adult 21 years or older.
We lease homes without respect to the race, color, religion, sex, national origin, handicap or family
status of any tenant.
D. PETS: Most rental properties do not allow pets (registered service animals excepted). Cottages
allowing pets are limited to not more than 2 house-broken domestic animals. A $100.00 fee is charged
for professional flea extermination on all reservations including a pet. PETS FOUND ON
PROPERTIES NOT ALLOWING PETS IS GROUNDS FOR IMMEDIATE EVICTION. To avoid

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