Deposit, what is it for, and when will it be returned?
Reservation/Security Deposit: A Deposit
is required for all rentals to hold your reservation until 30
days prior to your rental date, at which time the final rental Balance is payable. After
receipt of the Balance, the Deposit becomes the "Security
Deposit" and is fully refundable, subject to
the limitations described below.
Note: The Deposit is NOT a down
payment or partial payment on your rents.
The deposit will be returned subject to
subtractions due to:
(a) damage to the premises beyond normal wear and tear;
(b) excess cleaning requirement beyond reasonable wear and
tear,** and/or negligence due to not following the check-out
list;
(c) late check-out (minimum $30 charge);
(d) items missing from the premises
($30 replacement fee for missing Tahoe-Donner ID passes);
(e) unpaid, late, or outstanding
rent or other charges owing:
(f) fines issued by TD-Association of Town of Truckee for
non-compliance with the TD Rules.
Any material breach of the rental agreement* or the general or specific home rules during your tenancy may be, in the sole judgment of the owner, cause for forfeiture of up to the entire deposit.
Implicit
with the RENTAL AGREEMENT renter agrees to accept
responsibility for any damages resulting from his stay that
exceed the deposit amount.
Deposit refunds are usually mailed within 21 days of departure. However, if you paid your Deposit or Rent by PayPal, we usually process the Deposit refund via PayPal just one or a few days after your check-out date. Please do not contact our office to check on the refund status until AFTER these 21 days have passes.
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* This includes
the occupancy upon which the rental amount
was based. If, for example, the rate was based on five people in the
group, but it turned out that,
during any one or more nights, Renters had additional
overnight guests, the entire rent will be
re-calculated based on the new occupancy, and the difference will then
be subtracted from the otherwise refundable
security deposit.
** A particularly serious situation
would be non-compliance with the no-Partying
rule,
bringing a pet,
or smoking inside the premises,
in which case unconditionally
the entire deposit would be forfeited.