Question by  kstevens (87)

What is the enforceability of a Realtor vacation rental contract?

I have a vacation contract with a Realtor that I need to get out of.


Answer by  RunawayJim (964)

It should be pretty enforceable, unless there is a a clause in the contract that allows a way out of it. Sorry.


Answer by  blachild (127)

Depending on the contract terms and conditions of the property. I am pretty sure you can get out of the contract, however you may have to pay a hefty fee to terminate the contract, and lose all of your earnest money (if any) that you put into when you reserve your vacation rental.


Answer by  BadgerStatePro (29)

If you have signed the contract, you are typically bound by it. Be sure you actually signed the contract, otherwise the contract is not valid. The contract may allow you to cancel the contract for a fee. If anything was misrepresented to you, you will be able to cancel the contract. Trip insurance may pay for the contract cancellation also.


Answer by  Dean (4035)

The contract is enforceable as a contract. Read the contract and see what it says about cancelling it. There may be a grace period and/or there may be penalty for breaking the agreement. You might also speak with the real estate agent about available options. There are a lot of factors to consider.


Answer by  withluck (1745)

Read over you rental contract carefully and you should find the conditions under which the contract can be terminated. If this information is not there or is vague, call the Realtor involved and ask them to what would be acceptable and get a release of contract signed.

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