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Sample Lease

Initial payment represents half the base rent, plus optional travel insurance, if desired.
(Subject to cancellation if payment not received on or before due date)

* NOTE: Guest’s decision with respect to the purchase of Travel Insurance will affect your rights in the event of a mandatory evacuation. See page 2, item 4, below.

**Tax rates are calculated as of the time of this agreement. Tenant shall be responsible for payment of all applicable taxes according to rates in effect at the time of occupancy.

Corolla Classic Vacations (Agent) is the property manager of your vacation home. The owner of the property has given the Agent the authority to enter into this agreement. This document sets forth the terms under which you will lease your vacation home through Agent. Agent conducts all activities in regard to this agreement without respect to race, color, religion, sex, national origin, handicap or familial status of the Tenant or their guests or any part to this agreement. The undersigned has read and agrees to abide by the terms, rules and regulations of this agreement consisting of 5 pages.

Terms of your Vacation Rental Agreement

This is a Vacation Rental Agreement under the North Carolina Vacation Rental Act (VRA). 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 expedited 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.

  1. Reservation Payment – Once a reservation is made, you will receive a copy of this Vacation Rental Agreement via email or mail (only if no access to email). You will be able to view and sign your rental agreement electronically through Guest Web. Please read the agreement carefully, initial and sign where indicated on the Vacation Rental Agreement and submit along with the advance rent payment amount indicated on the Vacation Rental Agreement along with Travel Insurance premium (if desired). All required advance payments must be received within five (5) days of booking a reservation or your reservation will be canceled without further notice. The full balance of rent, taxes, fees and security deposits are due 30 days prior to arrival. Payments can be made in the form of personal check, money order, cashier’s check, VISA, Master Card or Discover (no additional fee for credit card use). No personal checks will be accepted less than 30 days prior to check-in. There will be a $35 charge for returned checks. If a reservation is made with 30 days of arrival, payment in full is due the date the reservation is made. Agent is authorized to place all rent payments and security deposits in Agent’s Trust Account located at TowneBank of Currituck in Corolla, NC with any interest accrued payable to Agent, then disbursed to the Owner at the end of each month less Agent’s Commission.
  2. Partial Week Rentals and Holiday Rentals – There is a 3 night minimum for participating homes. The nightly rate is determined by dividing the weekly rate by 4 and adding applicable taxes and optional fees. Partial rentals are only allowed during the mid and off seasons and can only be made 14 days prior to arrival. Some homes have special rates for Easter, Thanksgiving, Christmas and New Year’s (see individual property descriptions for rates).
  3. Accidental Damage Protector and Security Deposits – Accidental Damage Protector is included in the advertised rental amount and covers you and your family up to $1500 for any accidental damage during your stay. Damage Protector is not an insurance policy, and nothing in this agreement shall be construed to constitute a contract of insurance. Agent is not an insurer or underwriter. Damage Protector does NOT cover intentional damage, theft, Acts of God, gross negligence, pet damage, utilities, rent, pay per view cable charges or loss of use. Any accidental damage must be reported to our office in WRITING by the end of Tenant’s stay in order for Damage Protector to apply. A few homes may require an additional security deposit. This deposit may be used for damages allowable by law. Security deposits will be refunded with 45 days of your departure (less any allowable deductions). The Tenant agrees to reimburse the homeowner for any damages to the property caused by Tenant that is in excess of, or not covered by Damage Protector or the security deposit. Such damages shall include reasonable attorney fees and court costs. The provisions of Article 5, Chapter 42A, of the North Carolina General Statutes (Landlord and Tenant Duties) are incorporated herein by reference as if fully set forth.
  4. Travel Insurance and Mandatory Evacuation – Due to unforeseen circumstances such as, illness, injuries, mandatory evacuation and even job loss, Trip Cancellation Insurance is offered to protect your vacation investment ( as is described in the policy). The insurance premium is due with your advance rent payment and coverage begins with receipt of your payment. Once the insurance premium is paid, it is non-refundable. If you elect NOT to purchase the travel insurance, you must decline by initialing the appropriate space on the Vacation Rental Agreement. Failure to initial to decline travel insurance, indicates intent to purchase. If state or local authorities issue a mandatory evacuation in the area that includes the property subject to this Vacation Rental Agreement, the Tenant shall comply with the evacuation order. Upon compliance, Tenant shall NOT be entitled to a refund for the prorated rents for each night that the Tenant is unavailable to occupy the home from Owner or Agent IF: (a) prior to the Tenant taking possession of the property, the Tenant refused travel insurance offered by the Owner or Agent that would have compensated Tenant for losses or damage resulting from the loss of use of the property due to the mandatory evacuation order; OR (b) the Tenant purchased insurance offered by the Owner or Agent, in accordance with N.C.G.S. 42A-36.
  5. Cancellations and Transfers – Once a reservation is confirmed, you cannot transfer dates or change properties. Any transfer request will be treated as a cancellation. In case of a cancellation or transfer of a confirmed reservation, no refunds shall be made until the property has been re-rented for the same time period and confirmed. If the rental period is re-rented at the same rate as the original rent agreement all monies paid will be refunded less a 5% cancellation fee ($100 minimum) of the advertised rent amount and the travel insurance premium if paid. If the re-rented amount is a lower rate or rented for a lesser time period, the original Tenant will only be refunded the lower or lesser rental amount as owners are to receive the full amount of the original rental agreement. Every effort is made to re-rent the home at the full amount. If Owner or Agent are unable to re-rent the home, Tenant’s entire rent amount is forfeited. All requests to cancel or transfer a reservation shall be in writing.
  6. Check-in/Check-Out – Tenants may check- in at our rental office between 4:00p.m. and 6:00p.m. on the designated check-in day. Our office is located 3/10 of a mile north of the Currituck Lighthouse. In the event that repairs or extensive cleaning are required, check in may be delayed until no later than 6:00 PM. For late arrivals, after our office is closed, keys and directions will be left at our office for your convenience. Late arrivals must be paid in full and rental agreement signed. Check-out time is no later than 10:00 a.m. For your convenience, you can check out via phone system from the rental property and leave your keys in the home. Early Check-In Request – A limited number of 1:00 p.m. check-ins are available for participating homes. Please initial the “Early Check-in” space on your rental agreement. This cost is $150 and is due prior to arrival. We cannot allow early check-in if the Owner has the preceding week, repair work is needed or any other unforeseen circumstance exists that would prohibit early check in. Early check-in is not guaranteed.
  7. Property Occupancy – Advertised occupancy limits are determined by local health laws on homes served by septic tanks. Advertised occupancy limits must be adhered to. Campers and motor homes cannot be parked on the rental premises for the purpose of extra sleeping. Some communities do not allow motor homes on the premises. Refunds will not be given if Tenant violates any applicable restriction upon the use of the rental property. Any violation of the maximum occupancy limits, or of any other lawful restriction upon the use of the rental property will be grounds for expedited eviction. If you have questions or concerns regarding occupancy or use of restrictions, please contact our office.
  8. Family Groups Only – It is the policy of Corolla Classic Vacations to rent to family groups only due to our obligations to rental property Owners. Tenant must be 24 years of age to enter into a Vacation Rental Agreement. Agent conducts all activities in regard to this agreement without respect to race, religion, color, sex, national origin, handicap or familial status of any party. A family group is defined as parents, grandparents, children and extended family members vacationing in one home. A non-family group is defined as unmarried young adults, high school students, college students or any non-family group type situation. Properties are patrolled and observed by Agent on a regular basis. No chaperoned or un-chaperoned non-family groups, fraternities, school or civic groups allowed. ABSOLUTELY NO HOUSE PARTIES ALLOWED. Tenant and guests may be required to furnish photo identification. Any violation of this paragraph will be grounds for expedited eviction with no refund except security deposits as maybe required by the Residential Tenant Security Deposit Act. The security deposit paid by the Tenant may be applied to actual damages caused by the Tenant, or for any other purpose permitted under the provision in Article 6, Chapter 42, of the North Carolina General Statute entitled “Residential Tenant Security Deposit Act”. NC General Statute 14-100 makes it a crime to obtain any property (including rental property) under false pretenses.
  9. Special Events – Special events such as, weddings, receptions, reunions, etc. are available for specific homes only and must be specifically approved by Corolla Classic Vacations when booking your reservation. There is a $1000-$2000 special event fee (depending on the size of the property) in addition to the rental rate and a mandatory $1500 security deposit. An addendum to the rental agreement also must be signed by Tenant for all special event homes.
  10. Furnishings and Cleaning – Each property is equipped with basic housekeeping items such as, kitchen appliances, dishes, cookware, silverware, glassware, bed pillows and bed and bath linens. Each property is privately owned and reflects the tastes and needs of the Owners. Tenant and guests are expected to use the property as if it were their own, leave it undamaged, clean and with all trash removed from inside the property. Any furniture moved by Tenant must be returned to its original positions. Each rental property is advertised by Agent as realistically as possible with regards to space, décor and physical condition. We advise you to tour the property in advance if you have any specific requirements or are concerned with quality. We will be unable to relocate Tenants or offer any refunds upon arrival unless the property is unfit for habitation.
  11. Parking – We encourage you to consider limiting the number of vehicles you bring to the Outer Banks. With your help, we can reduce traffic and its adverse impacts upon the environment. Parking regulations are enforced in many areas and if your vehicle is parked on the street , you risk being towed or ticketed.
  12. Locked Closets – Most of our Property Owners maintain locked areas in their homes for their own personal use. Please respect these areas. Tenant will be responsible for any damage or missing items.
  13. Distance – Distances stated are approximate. Corolla Classic Vacations shall not be responsible for inaccurate distances or the location or condition of public access.
  14. Telephones, Cable and Internet – Long distance calls, internet downloads and pay per view television shows are NOT allowed to be charged to rental homes. Failure to comply with this paragraph is not only a violation of this agreement, but is also unlawful. In addition to other remedies allowable by law, you will be billed any charges incurred in violation of this paragraph plus an additional $35.00 handling fee. Please use your mobile phone to make long distance calls.
  15. Housekeeping – We are pleased to offer housekeeping service during your stay for an additional fee. Please contact our office prior to your arrival to arrange for this service. Guests who stay for 2 weeks or longer will receive a complimentary clean between weeks and fresh linens.
  16. Pets (Dogs Only-No Puppies and No Cats) – Dogs are allowed only in homes that are advertised “Pet Friendly”. Pets shall be limited to 2 domestic, housebroken adult dogs. Additional pets will require manager’s approval and an additional pet fee. Dogs are permitted on beaches year round, but must be on a leash at all times. Pet owners are responsible for cleaning up after their pets. Pet owners are liable for any and all pet damage as the Damage Protector does not cover pet damage and all pets must be declared at check-in. Violation of this regulation is grounds for expedited eviction without a refund. ABSOLUTELY NO PETS ARE PERMITTED IN POOLS OR HOT TUBS.
  17. Smoking – All Corolla Classic Vacation homes are non-smoking with a few exceptions as noted in the individual property description. Smoking in a non-smoking property will result in expedited eviction without a refund. A minimum charge of $ 200 may be incurred for non compliance as well as an additional cleaning charges.
  18. Grilling, Fireworks and Fireplaces – Do not attempt to move grills on decks, porches or near wooded areas. Please be sure to clean grills before your departure so the next Tenant finds it ready for use. If a gas grill requires propane, please notify our office.
    Fireworks – All Fireworks are prohibited in Currituck County.
    Fireplaces – Fireplaces are NOT available June 1 –through November 1.
  19. Construction – Construction is a part of the Corolla area. Your rental property may be located near a construction site. No refunds or moves will be made as a result of construction on other property.
  20. Water Potability – Some areas of Corolla have varying water quality. We recommend buying bottled water for drinking during your visit. Some homes have water treatment systems and the water is safe even if you do not prefer to drink it. Clothes washed in this water may become discolored. There will be no refunds due to water quality.
  21. Elevators – Some homes provide elevators for your convenience. These homes are not handicap accessible. Children should not ride unaccompanied in elevators. Service calls resulting from Tenant abuse or negligence will be the responsibility of the Tenant. There will be no refunds for non-working elevators. Rental homes are not represented or warranted to be ADA compliant. If you have concerns regarding handicap accessibility, please contact our office before you sign this Agreement.
  22. Taxes – All rental rates are subject to North Carolina State Tax and County Lodging Tax. Taxes are subject to change. Tenant will be responsible for any balance due to local or state tax increase.
  23. Errors – Descriptions, rates, and property amenities advertised are subject to change without notice. Omissions, additions, errors or changes in property bedding, furnishings, amenities, equipment, etc. shall not be the responsibility of the Owner, Agent, Printer or Webmaster. No refunds will be issued for such errors.
  24. Mail and Messages – Please use the Tenant’s name and the rental property number on any mail or packages we may receive on your behalf. Please check with our office for any faxes, mail or calls you may receive as we may be unable to reach you.
  25. Right of Entry – Tenant agrees that Agent may enter the premises during reasonable hours to inspect the premises, to make such repairs, alterations or improvements thereto as Agent may deem appropriate, or to show the premises to prospective purchasers or Tenants.
  26. Transfer of Property – If this Vacation Rental Agreement is to end not later than 180 days after the voluntary sale or transfer of the property by Owner to a Grantee, the Grantee takes title to the property as subject to the terms of the Vacation Rental Agreement. If the Vacation Rental Agreement is to end more than 180 days after the recording of the Grantee’s Interest, the Tenant shall have no right to enforce the terms of this Agreement unless the Grantee agrees in writing to honor such term. In such event, Tenant shall be entitled to a refund of any payments made. Tenant shall be entitled to notice, as provided by law, in the event of a sale or other transfer of the property that may affect Tenant’s rights under this Agreement. Owner and Agent shall comply with all applicable laws concerning refund(s) of Tenant security deposits, rental proceeds, and other fees in the event of sale or transfer of the rental property.
    FORECLOSURE – If Agent becomes aware of any default or foreclosure proceedings, Agent will notify Tenant. In the event of a monetary loss to Tenant, Tenant understands that their sole recourse is with the Owner of the rental property. Tenant agrees Agent cannot be held responsible for funds lost due to involuntary transfer(including without limitations foreclosure) of rental property ownership.
  27. Private Pools and Hot Tubs – Unless otherwise indicated in the advertised property descriptions, pools are available from May 5th until October 13th weather permitting. Homes with heated pools are listed in the properties individual description and are only available the months of May-June and September-October and may be charged and additional fee. Water temperature is not guaranteed. Hot tubs are available year round unless otherwise indicated in the property description. Homes with hot tubs may include an additional fee for the months of January-March. Tenant assumes all responsibility and risk for himself and his guests that may be involved when using pools and/or hot tubs. Tenant also agrees and understands that he/she is responsible for any damage resulting from misuse or negligence by Tenant or their Guests. Children are not permitted in pools or hot tubs without adult supervision. Conditions resulting from Tenant abuse which requires additional service such as water replacement, shock treatment, etc. will be charged to the Tenant. Absolutely NO PETS in pools and hot tubs.
  28. Maintenance and Refunds – Every effort is made to keep each home and its equipment and amenities in good working order. Please notify our office immediately of any problems you encounter during your stay so that repairs may be made. Maintenance personnel may enter the premises to perform maintenance or repairs during reasonable hours without prior notice. There will be NO REFUND for inoperable equipment such as air conditioning, appliances, dishwashers, washers, dryers, refrigerators, TV’s, stereos, and video players. There will be NO REFUND for disruption of utilities including power, water, telephone, internet or cable.
  29. Agency Disclosure – By North Carolina Law, Agent must notify you that Corolla Classic Vacations is employed by and represents the Property Owner. Corolla Classic Vacations will make every effort to assist you in the selection of your rental property. Corolla Classic Vacations receives commission on some services offered to Tenants.
  30. Subdivision and Property Association – Agent is not responsible for the conduct or operations of subdivisions and property owner associations. Agent shall not be held liable for any loss or inconvenience arising out of or to arise out of the enforcement of subdivision rules and regulations.
  31. Limitations of Remedies, Damages, Indemnity, Assignment – In the event the Owner is unable to deliver the rental property to Tenant under this Vacation Rental Agreement because of fire, damages, eminent domain, delay in construction or lack of sewer or water, Tenant hereby agrees that Owner’s sole liability as a result of any of these conditions is the refund of consideration previously tendered by Tenant pursuant to the terms of this agreement for the period of time the property is unavailable and Tenant expressly acknowledges that in no event shall Owner be liable for any consequential or secondary damages. Tenant also agrees that in case of a double booking or occupancy by Owner, Tenant will be entitled to a full refund of all consideration previously tendered by the Tenant. If Agent is able to relocate Tenant, Tenant shall pay (or be refunded, as the case may be) any difference in rental amount. The Tenant agrees to release and indemnify the Owner and Agent from and against any liability or injury to any guests or member(s) of his household resulting from any cause whatsoever, except only such a injury as may be caused by the gross negligence or intentional acts of the Owner or Agent. Agent has the right to terminate this agreement in the event of Tenant’s verbal or physical abuse of staff. Tenant shall not assign this Agreement or sublet the premises in whole or in part. This agreement shall be governed by and interpreted in accordance with the laws of the State of North Carolina, and shall be treated as though it were executed in the County of Currituck, State of North Carolina. Any action relating to this Agreement shall be instituted and prosecuted only in the Superior Court of Currituck County, North Carolina. By signing this Vacation Rental Agreement, you are consenting to jurisdiction in the state courts of North Carolina.

 

By signing this agreement, Tenant acknowledges that he or she will occupy the property and is a minimum of 24 years of age representing a family group. ID may be required prior to check-in.

In case of cancellation or transfer for a confirmed reservation, no refunds can be made until the property is re-rented for the same time period and confirmed. Cancellations must be submitted in writing. If the property is re-rented and confirmed, your monies will be refunded LESS the cancellation fee and its taxes and the travel insurance amount if paid. In the event, the property does not re-rent, the entire amount is forfeited, excluding any security deposit that may have been paid. In addition, you are responsible for any outstanding balance due. No assignment or subletting permitted.