Caldwell banker Informative - Cancellation of condo rental

Review by pappap999 on 2006-07-06
OCEAN CITY, MARYLAND -- Rented a condo ocean city md. from caldwell banker real estate--- 7 weeks ago I notified the cb that my doctor advises me that driving to oc md would be bad for my health as I had become too ill. unfortunatly I did not read my contract with cb for the rental well enough. there is no clause for cancelation due to illness the only way to get any refund is if notice is given 30 days prior to check in which I did and only if the condo is re-rented. if rented a penalty will be taken from the already deposited monies. which as of now totals over $1,400. seems the condo did not rent and now the total amt will be kept by cb. seems unfair for such a large amt. to be taken in for no services rendered. I am hoping that this will open the eyes of travelers to read all rental contracts completly to avoid the extreme loss of $$$. I have been in touch with cb several times seems the attitude is sorry but the renter of the condo has to get something!!
Comments:3 Replies - Latest reply on 2006-07-07
Posted by spiderman2 on 2006-07-06:
It is an unfortunate situation for you, but you admit you did not read your contract before you signed it. This is standard for vacation rentals. You rented this property nearly 2 months ago and the realtor may have a difficult time finding someone to rent to at the last minute at full price. I vacation at the shore and had my reservation in last November. Many people do not wait until the last minute because the selection is not as good.
Posted by Anonymous on 2006-07-06:
Since it is all paid for, can't you find someone who could make use of it? You must know someone who needs a vacation but can't afford that rate... let them go and enjoy it, rather than just letting CB suck up your money. Besides, that ensures that they really didn't rent it out again.
Posted by nanomarket on 2006-07-07:
I am sorry that you took ill and could not enjoy your condo, but as a landlord I must side with Caldwell and the condo owner. You cannot expect a landlord to let your problems become his or hers. Was the $1400.00 less than the rent you would have paid had you used the condo? If so, you got off easy.

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