How to Handle Security Deposits for Your Disney Vacation Rental
Posted by Team Donovan on
Knowing how to handle security deposits protects Orlando area homeowners when renting their vacation homes near Disney World.
There are plenty of issues that can arise, including property damage and theft. So you need to have a system in place that makes it easy for guests to provide security deposits that protect your home and personal property.
Legal Considerations for Security DepositsÂ
Renters have specific rights that you need to be aware of, and local laws may dictate how you can use and hold security deposits. Mandatory rental fees, such as booking and cleaning fees, can be taxed. But security deposits and other payments may not be subject to the same lodging taxes.
Knowing the rules in your local area is the first step to handling…
Bahama Bay Resort board members have voted to prevent new homeowners from using their units as their primary residence. This means owners can only use their resort homes for temporary or short-term stays.