(Upon agreement of this contract, you will be taken to Paypal to view your bi-weekly or monthly payment options. You must also have a PayPal account in good standing or open a PayPal account to apply. A Pay Monthly installment loan is a loan that can be used only for a single purchase transaction. After checkout, SMS Novel will send you a text message with check-in information for your location.)
Online SMS Property Sharing Agreement
May 13th, 2023
This Property Sharing Agreement ("Agreement") is made effective as of date of the agreement between SMS Novel Interactive, hereinafter referred to as Principal Renter and the purchaser, hereinafter referred to as "Guest."
Property: SMS Novel agrees to rent to the Tenant the property located at the agreed upon location (the "Property").
Bi-Weekly vs. Full Rent: The total monthly rent weekly due for the Property is $999.99. This amount is payable in bi-weekly installments of $249, to be paid every two weeks upon signing up for rental. bi-weekly payment service must be approved by Paypal to receive bi-weekly option. (See information below)
EXAMPLE PAYMENT SCHEDULE (One Month Purchase)* For more payment schedule options, checkout under Paypal to view.
$249 PAYMENT - JULY/20
$249 PAYMENT - AUGUST/3
$249 PAYMENT - AUGUST /17
$249 PAYMENT - AUGUST 31
Move-out: The Tenant agrees to vacate the Property no later than 1 1 am EST on the 30th day from the move-in date unless renewed.
Renewal must occur 7 days before move out date.
Security Deposit: No security deposit is due.
Term: The initial term of this Agreement begins 48 hours after signing the agreement.
Use: The Tenant shall use the Property only for residential purposes and shall not use the Property for any illegal, improper, or immoral purposes. No overnight guests, illegal drugs, loud music, or parties or gatherings after 12 midnight may take place.
Pets: No pets are allowed on the Property without the Landlord's prior written consent.
Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the state, and any legal action arising out of this Agreement shall be brought in the courts of the preceding county.
Entire Agreement: This Agreement contains the entire understanding between the parties and supersedes all prior agreements and understandings, whether written or oral.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
24 - HOUR SATISFACTION GUARANTEE PROMISE: NO MONEY MOVE-IN.
FURTHER AGREEMENT OF PROPERTY SHARE
The customer agrees to one room, and access to the home, with the host. No more than two people stay at a property at once.
TERMS OF BI-WEEKLY PAYMENT APPROVAL:
No credit or background check is required.
SMS Novel Rent Now, Pay Later would like to remind you that our prices and the offer of bi-weekly payment are subject to approval by Paypal. While we strive to provide a convenient payment option for our customers, SMS Novel Rent Now does not guarantee approval of the bi-weekly payment plan. Approval is determined solely by Paypal's discretion and eligibility criteria.
We encourage you to review Paypal's terms and conditions regarding payment plans and eligibility requirements before making any commitments. Please note that any decision made by Paypal regarding the approval of the bi-weekly payment plan is independent of SMS Novel Rent Now, Pay Later's control.
We value transparency and want to ensure that you have accurate information about our rental services. For further details and inquiries, please feel free to contact our customer support team, who will be happy to assist you.
SMS Monthly Room Rental Properties
Rental Cancellation Rate:
1.1. If purchaser wishes to cancel the rental agreement before the agreed-upon end date, the following cancellation rates will apply:
If cancellation occurs within 5 days of booking, the purchaser will be refunded 50% of the balance paid. No refunds can be issued after five days of staying within the rental property.Cancellation Process:
2.1. Tenant must notify SMS of the cancellation in writing via email, specifying the reason for cancellation and the desired cancellation date.
2.2. Upon receipt of the cancellation notice, SMS will confirm the cancellation and provide the Tenant with the total amount due based on the cancellation rate as specified in Section 1.
Refund Policy:
3.1. The refund will be issued via the same payment method used by the Tenant for the original rental payment.Termination by SMS Novel
5.1. SMS Novel reserves the right to terminate this rental agreement in the event of non-compliance with the terms and conditions outlined in the original lease agreement.Entire Agreement:
6.1. By purchasing the SMS Novel and purchaser acknowledge that they have read, understood, and agreed to the terms and conditions of this Rental Cancellation Rate and Agreement.