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Old Sep 22, 2011, 10:29 am
  #3  
jplee3
 
Join Date: Dec 2004
Posts: 432
Originally Posted by KoKoBuddy
I do vacation rentals all the time and always do a contract.

One thing I add to the standard stuff is I am not responsible for any damage due to acts of God / nature and then list them out specifically...hail, flood, tornado, etc. And also put in the contract that the owner has liability insurance that covers short term tenants on the property.

Not sure what you get with paypal. I pay with a credit card and then I know I have protection from the card if it's a case of fraud. Luckily it has never been an issue.
When you say "one thing I add" are you adding that as an owner? Or as a renter? And are you the one initiating sending the contract out? Or are you adding that as an addendum after initially receiving the contract from the owner?

And in terms of liability insurance, are owners supposed to have that? Or is it absolutely required?


TIA!
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