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Standard Lease Terms |
| Grand Cayman Villas
will draft your lease for the rental period.
A copy of your lease will be e-mailed to the villa owner/agent as "blind" copy for his/her approval and to have a copy for their records. A. Our standard PAYMENT terms are 50% deposit to "Book" the villa and the remaining balance 60 days prior to occupancy. Some owners require a small (refundable) damage or long-distance toll charge deposit. We just take a credit card number and we debit it if necessary. B. Our standard CANCELLATION terms are somewhat unique (Your villa may be different): 1. Once "booked" (paid 50% of Rental Charge); should the client decide to cancel prior to paying the full charge, 25% of the Rental Charge will be returned to the guest as soon as it is received from the villa owner. Should GCV be able to replace the reservation, the other 25% will be forwarded immediately upon receipt of replacement booking funds, less any discounts or fees paid. Should Grand Cayman Villas & Travel not be able to replace the reservation, the remaining 25% is forfeited. 2. Once "paid-in-full" (paid 100% of Rental Charge); should the client cancel; every effort will be made to re-lease the property. GCV&T will contact other rental agencies, managers, travel agents, etc. in an effort to re-lease the property. Should we be able to replace the reservation, you will receive 100% of your Rental Charge, less any re-booking charges, commissions, credit card charges or discounts incurred. It will be in the sole discretion of GCV to offer 10% travel gency commissions in an attempt to recoup as much of your deposit as possible. Should GCV not be able to re-lease the property, the entire rental amount will be forfeited; however, 50% of that amount will be credited on a non-assignable basis towards a subsequent available week at the same villa (regardless of high/low season). This credit will be exercisable by the lessee for 13 months. We think this feature is both unique and very fair, as rebooking within 60 days is very difficult (air fares, etc.), and most families have already made their vacation plans well in advance. You might consider travel cancellation insurance to protect yourself from unforeseen events.
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HURRICANE LANGUAGE/CAVEATS |
| The following Language is printed at the bottom of each of our private villa leases: |
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Grand Cayman Villas, LLC (GCV) operates strictly as a marketing/booking agency for rental villas located on Grand Cayman. GCV neither owns nor manages individual properties. It is exclusively a booking agency with no liability for any physical or financial injury sustained by guests during their stay. In the (very unlikely) event that a contracted villa is either unavailable or uninhabitable for a guests’ stay (for any reason); GCV will make extraordinary efforts to obtain similar (or better) accommodations for the guests (subject to their approval). GCV maintains strong relationships with many on-island managers, owners, villa rental agencies and the Cayman Islands Tourism Department. However, should acceptable accommodations not be found, the limit of financial liability for GCVwill be a prompt, full refund of all monies paid or an alternate stay at the villa (at the choice of the guest). Evacuation or travel delay due to Gov't issued hurricane warning will result in prorated refunds up to the total of the rental amount, prorated by # nights stayed.Note* Being situated in the western Caribbean, Grand Cayman has historically been fortunate with respect to hurricanes. Before September 2004 (IVAN), the most severe hurricane in recent times was 1988 (Gilbert). Before that, it was 30+ years. The building code on Grand Cayman was drafted upon the Dade County (FL) building code and all new construction (since 1998) must comply. TRAVEL INSURANCE |