5 Tips to Help Avoid Losing Your Luxury Condo Rental Deposit
Losing money is never fun, but when you lose money in an unneeded way due to a lack of attention to detail, it stings even more. Going on vacation is supposed to be a relaxing time for you and your loved ones. Sometimes relaxing comes with some serious style, and you decide to spring for a luxury condo rental. This means you are paying a lot more than usual, and the last thing you want to do is lose money.
Experts in the travel industry believe that by following these tips, you can avoid losing your luxury condo rental deposit:
1. Read and Understand Your Rental Agreement – If there is one place to take your time, it would be when reading your rental agreement. Look for any extra fees and make sure you know how your rental deposit factors into your rental pricing. Will breaking specific rules mean extra costs for you? Ask as many question as possible, and it never hurts to have someone with no connection to your trip look over the agreement(s).
2. Check Local Renter Rights and Laws – It may feel like overkill, but knowing where you stand as a renter is always beneficial. Consider that you may be in another state or country. The last thing you want to depend on is hunches and general knowledge regain your rights.
3. Have a Detailed Walk-Through and Document Everything – When you get to your luxury condo, don’t be taken in by the glitz and glamour that comes with a high ticket rental property. As you would in renting an apartment, go through and check the premises for any problems such as stains, chips, scratches, and general upkeep that needs to be taken care of before you finalize an agreement. Take pictures and videotape the walk-through as these can be very important should there be any disagreement about the property’s condition when you leave.
4. Look Out for Fragile Items – A luxury condo is usually well-decorated and is made to look as great as possible. However, some of the items put out can break, so it isn’t a bad idea to take these items and safely put them in a protected area. One thing to keep in mind, though, is that if you do break something or damage something, fess up. Don’t try to cover things up as this can become a bigger headache down the line.
5. Clean Before You Leave – Yes, you are on vacation, and yes, you feel as though you can throw caution to the wind. This doesn’t mean you can leave things a mess. Plan to make time to clean the condo up. You can incorporate this into your packing and clear one room at a time. Assigning different duties can make the work go faster. Remember, when you leave, there may be a final walk-through to check for damages. Also, any cleaning crew or service may be the first to inspect the property after you leave. Cleaning up after yourself shows what you already know — you are a responsible luxury condo renter.
As a final thought, because of the money you are spending for nicer surroundings, be sure to keep track of all of your transactions and beware of fake ads and deals aimed at separating you from your hard-earned money.