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Updated almost 2 years ago on . Most recent reply

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17
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14
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Donna Martinez
  • Investor
  • The Sea Ranch, CA
14
Votes |
17
Posts

CA SB 644 - FULL refunds & AB-537 -Rates & Fees disclosure- July 1, 2024

Donna Martinez
  • Investor
  • The Sea Ranch, CA
Posted

Short term rentals will be required to refund full price  beginning July 1, 2024 (for all bookings made prior to that date). 
Currently I have written in my contract the following:

  • A flat fee of $125 is charged for every cancellation plus the following:
  • Up to 45 days before arrival, Guest receives 97%;
  • Up to 21 days before arrival, Guest receives 50%;
  • No refunds will be given if cancellation is made within 21 days of Guest’s arrival date.

Does this new law mean that I will no longer be able to charge those costs upon cancellation and need to update my contract?

Do those rates need to be disclosed in the booking form- and if they are then could they be applied?
They are currently in the contract/rental agreement that must be signed.


Most Popular Reply

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1,077
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910
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Melanie P.
  • Rental Property Investor
910
Votes |
1,077
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Melanie P.
  • Rental Property Investor
Replied

All this legislation pertains to is bookings cancelled within 24 hours of being booked provided that booking is at least 3 days prior to the reservation. This is in line with consumer protections for all other types of travel purchases. 

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