Deposits provide an opportunity for the lessor and the lessee to withdraw. If the lessee decides to cancel the rental once the deposit has been paid, it will be retained by the lessor as compensation for damages. Otherwise, if it is the lessor that breaks the contract before the lessee arrives at the holiday rental, under article 1590 Civil Code he is forced to pay the lessee double the amount of their advance deposit.
Contrary to a deposit, a down payment is a definite commitment from both sides. If the lessee wishes to cancel his contract, the lessor can claim the full rent provided or the money corresponding to the period during which the accommodation cannot be rented. Inversely, if the lessor wishes to cancel the contract, the lessee may require compensation for moral and material damages, to the extent that this decision compromises his stay and can incur additional expense.
How much can be charged for these advance payments and when are they paid?
If the holiday rental is rented through an estate agent, any advance cannot exceed 25% of the total rental price. If it is rented directly from the owners, they have the freedom to determine the amount. As a general rule, it amounts to 25% of the total amount.
The date on which the advance must be paid is left to the discretion of the owner if the holiday rental is rented directly from him. Nevertheless, lessees are advised not to pay before signing the contract. Note: if the holiday rental is rented through an estate agent, deposits or down payments cannot be required more than six months in advance.
Guarantee.
Upon your arrival, a guarantee can be required. This will be reimbursed at the end of the stay, after inventory and examination of the place.