How refunds work for cancellations of rentals on Pelow.

refund

 

Receiving a refund on Pelow largely depends on the policy indicated by the lister and how flexible or strict their cancellation policy is as it relates to their listing.

Below are the three levels of cancellation policies on Pelow:

refund

  • Strict 

Rentals cancelled at least 30 days before the start of the rental period will receive a full refund. Rentals cancelled at least 15 days prior to the move-in date will receive a 50% refund. The eligible refund will only apply to the amount the interested party before the rental cancellation process was initiated and not the amount due. Cancellations must be made by 11:59 in the property’s time zone on the chosen day.

With this option, you may override the cancellation policy and refund a custom amount. Also, the cancellation policy you choose cannot supersede your e-signed rental agreement.

  • Moderate

Rentals cancelled at least 10 days before the start of the rental period will receive a full refund. Rentals cancelled at least 5 days prior to the move-in date will receive a 50% refund. The eligible refund will only apply to the amount the interested party before the rental cancellation process was initiated and not the amount due. Cancellations must be made by 11:59 in the property’s time zone on the chosen day.

With this option, you may override the cancellation policy and refund a custom amount. Also, the cancellation policy you choose cannot supersede your e-signed rental agreement.

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  • Flexible 

Rentals cancelled at least five days before the start of the rental period will receive a full refund. Rentals cancelled at least 2 days prior to the move-in date will receive a 50% refund. The eligible refund will only apply to the amount the interested party before the rental cancellation process was initiated and not the amount due. Cancellations must be made by 11:59 in the property’s time zone on the chosen day.

With this option, you may override the cancellation policy and refund a custom amount. Also, the cancellation policy you choose cannot supersede your e-signed rental agreement.

Pelow Team

Pelow, a platform by Facibus, democratizes the global real estate market to make housing affordable by capitalizing on the “negotiation gap” between buyers and sellers. Namely, over 1 billion people seek affordable housing, globally; 95% of people overpay for real estate due to lack of knowledge and the median income remains stagnant while prices rise. So, on this channel, we focus on how Pelow provides a custom platform for property owners, agents, and brokers to list, negotiate deals faster with clients thereby reducing costs for both parties and contributing to ensuring that we make both commercial and residential housing more affordable. Pelow also provides a platform for people to raise money for their real estate needs, whichever the case.

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