Canal Cutie-Waterfront Beach Rental on Topsail Island

Waterfront - Private Dock and Boat Lift on Canal - Pets Allowed Please Note: You must be at least 25 years of age to book this property. 1. This Agreement must be signed by Tenant with the payment currently due, within two (2) days from the date reflected in the upper right side of this Agreement. Tenant understands there is no binding reservation until payment is acknowledged and executed Agreement is returned to Agent. Final payment for the balance is due thirty (30) days prior to Arrival Date. If balance is not paid when due, it will be a material breach, Tenant shall be in default, and Agent will attempt to re-rent the property to minimize losses. 2. Tenant agrees that they have been offered the opportunity to purchase travel insurance in order to protect their monetary investment by covering a variety of situations that may interrupt their vacation. If local authorities give a mandatory evacuation order, Tenant agrees to comply with the order. In the event of a mandatory evacuation during the Term of this Agreement, there will be no refund of rent expected of Agent. Travel insurance can be purchased until the final balance is tendered to the Agent (or 30 days prior to arrival). Tenant understands that the Agent makes a commission on travel insurance. 3. For any stay of 21 days or less, Tenant is automatically enrolled into a Property Protection Plan (PPP) unless a refundable security deposit option is specifically requested by Tenant. PPP protects Tenant from up to $1,500.00 in reported accidental damage to the property due to inadvertent acts. The plan does not cover negligent, willful, or wanton conduct. Tenant agrees that any cost for repair, replacement or remediation resulting from damages that are not covered by the PPP will be automatically charged to the credit card associated to the reservation where the damage occurred. Smoking or Pet Damage is not covered by the PPP. Tenant is responsible for notifying Agent of damage or theft during Tenant’s occupancy, otherwise the plan is void. Payment for PPP must be paid when final balance is paid. If credit card on file is unable to be processed, tenant acknowledges that they may be sent to collections. 4. Tenant executing this lease, as the responsible party shall be at least 25 years of age. Tenant understands that Agent rents only to family groups. No high school, college, house party or civic groups are permitted. Violation of this policy is a material breach resulting in termination of tenancy and a default of this Agreement by Tenant. 5. In the event Agreement, Tenant shall send written notice to Agent. If reservation is cancelled 60 days prior to stay date, Tenant will receive 100% of the amount paid. If the reservation is cancelled less than 60 days prior to arrival date, there is no refund. Agent recommends purchase of Travel Insurance for all reservations. If Travel Insurance has been purchased, Tenant must file a claim directly through the insurance provider. 6. Tenant agrees that Agent will place all payments and deposits into a non-interest-bearing escrow / trust account with Southern Bank Of Wilmington, NC. 7. Prior to Tenant's occupancy of the Premises, Agent shall not disburse from the escrow account an amount greater than fifty percent (50%) of the total rent except that Agent may disburse any fees owed to third parties to pay for goods, services, or benefits procured by Agent for the benefit of Tenant including permitted administrative fees. Agent may disburse remaining funds on the Arrival Date or due to a material breach of the Agreement by Tenant or other occurrences as set forth in the Vacation Rental Act, which Act is by reference specifically incorporated herein for purposes of this Agreement. 8. The security deposit will be returned to Tenant within forty-five (45) days after departure date, less any actual damages permitted to be withheld under the Tenant Security Deposit Act and any unauthorized charges for which Tenant is responsible. 9. All rental fees are subject to state, county, and local taxes. However, Tenant agrees to be responsible for payment of taxes applicable on the Arrival Date. Taxes will be disbursed upon termination of the tenancy or in the event of material breach of this Agreement by Tenant. Tax amounts are subject to change. 10. Tenant agrees to maintain the condition of the Premises in accordance with Section 42A-32 of the Vacation Rental Act and Agent agrees to provide fit premises in accordance with Section 42A-31 of the Vacation Rental Act. 11. If, at the time Tenant is to begin occupancy, Agent and Owner cannot provide the Premises in a fit and habitable condition or substitute a reasonably comparable property in such condition; Agent and Owner shall refund to the Tenant all payments made by Tenant. Agent reserves the right to substitute other accommodations. 12. Tenant will receive the necessary key, pool passes, security cards and parking passes for the Premises. In the event these items are not ret