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Old 11-10-2018, 10:15 AM   #31
disney65
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Originally Posted by Shewill View Post
Exactly . But the most important element is trust. Both parties must trust each other . If either party feels uncomfortable for any reason just move on.
Thatís the way I do it. If I feel uncomfortable I say no.
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Old 11-10-2018, 11:02 AM   #32
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The only time I’ve ever lost money as an owner was when I put myself in a similar situation as the OP.

Renter was staying after a cruise and emailed me on day of cruise asking if I could add dining plan for 1 of the two split nights they rented because they had decided to have a nice meal for their anniversary; they’d be happy to pay after the cruise.

Sure. Why wouldn’t I help someone make their anniversary special. Right?

Two weeks after the cruise/trip, after multiple requests for payment, I got a cryptic email about the wife having come down sick on the cruise, so they couldn’t take advantage of the dining plan anyway (so I guess they felt entitled not to pay for it as a result). How that was my responsibility is beyond me.

What WAS my responsibility was making the decision to spend money without the means of enforcing it’s repayment. That was on me. It was only the regular dining plan for 2 adults for one night: I think something like $120 (if it had been more, I wouldn’t have been willing to accommodate the request), but still: it was MY money. Lesson learned.

You may not be surprised to know that these were by far my most demanding renters ever: I bent over backwards looking and modifying them into perfect rooms for two nights to sample WDW. I spent hours on a 2 night rental just to get stiffed by them.

Last edited by ziravan; 11-10-2018 at 11:08 AM.
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Old 11-10-2018, 11:35 AM   #33
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because i never even think of this as a legal document. i would never attempt to sue any renter.

i have never lost money or points renting, my "contract" is a detailed and updated email that explains everything...they ask any questions, modify as needed, then they print out/sign/date and return with personal/bank check payment in full. i also send an email confirmation of the reservation in my name (spec) or theirs (custom).

this has worked for me and renters in over 10 years renting dvc points.
What would be your recourse, with this view, if your renters trashed the room and you were left with the bill? Viewing it as an enforceable, legal document would provide an avenue eve if, as some have said, getting actual payment is not guaranteed.

Cheers.
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Old 11-10-2018, 11:36 AM   #34
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Originally Posted by carolina_yankee View Post

That said, enforceability of a judgment is a different matter. Just because an owner wins in small claims court doesn't mean they get their money.

Dirk
And taking out a contract on the person, even for something as simple as a batting practice session, is likely not worth the cost.

Cheers.
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Old 11-10-2018, 11:46 AM   #35
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What would be your recourse, with this view, if your renters trashed the room and you were left with the bill? Viewing it as an enforceable, legal document would provide an avenue eve if, as some have said, getting actual payment is not guaranteed.

Cheers.
probably none...has never happened to me, never heard of it happening to any owner who rents.

owners take risks as well as renters...leap of faith for me with renter that seems trustworthy.
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Old 11-10-2018, 11:56 AM   #36
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probably none...has never happened to me, never heard of it happening to any owner who rents.

owners take risks as well as renters...leap of faith for me with renter that seems trustworthy.
Fair enough. I think the likelihood is really really low. Unless you rent to KISS, Ozzy Osbourne or Joe Walsh. And they probably have other ways to get their points.

The couple of times I've rented (non-DVC) points here it's been to people I know well from these boards and there was no contract at all.

Cheers.
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Old 11-10-2018, 11:58 AM   #37
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Originally Posted by skelster View Post
I do have.... and when I remembered it and the vacay is already over... They refused to pay....

So now, if I have renters and won't pay full amount then I am getting antsy. Cause I lost more than a thousand already
Sorry this happened OP. Like another poster though I agree this is mostly only you for not remembering to collect prior to the vacation. I do agree that the renter made the agreement and any one with any ethics would follow thru but you also had 100% leverage and control up until the day they checked in. It should not have been able to happen. Now you need to decide if you wish to put more time in and file in small claims.
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