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.

If you want to learn more about real estate investment, subscribe to our newsletter for investors here.

  • 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.

Related posts

Affordable housing solution in Nigeria

Affordable housing solution in Nigeria for Rent, Sale and Donation

If you have ever rented an apartment, house, or flat in Lagos then you would understand when we say it feels like…

Read More

adoption of ajo in real estate market in nigeria

The Real Estate Market Needs To Adopt The Ajo Community Contribution Model: How Nigeria Can Make Housing Affordable For Everyone.

For the most part, in cities across the country of Nigeria, and more so in cities worldwide, the absence of neighborly camaraderie…

Read More

Housing solution on Pelow

We Heard You Are Here To Find Housing Solution On Pelow: You Have Made The Right Choice!

Read More

Join The Discussion

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Search

October 2021

  • M
  • T
  • W
  • T
  • F
  • S
  • S
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31

November 2021

  • M
  • T
  • W
  • T
  • F
  • S
  • S
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
0 Adults
0 Children
Pets
Size
Price
Amenities
Facilities

Compare listings

Compare