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    dtaylor1184's Avatar
    dtaylor1184 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 12, 2014, 10:24 AM
    Is there a set deposit amount that can be asked for a vacation rental?
    I've rented vacation beach homes in Mission Beach, San Diego, CA in the past and have typically paid a 25% deposit/hold fee. I am trying to reserve a vacation beach home in the same area and am being asked to pay 60% deposit/reservation fee. Is there a legal limit to a deposit fee?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Feb 12, 2014, 10:34 AM
    Nope. Its what the market will bear. I would suspect that owner has been burned before.
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
    Uber Member
    		  
    #3

    Feb 12, 2014, 10:59 AM
    Not unless locally regulated, which I doubt. I get 50% for my mountain house.
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