Archive for January 31st, 2009

Is a rental agreement standard before making payment on a vacation property?

Saturday, January 31st, 2009
pbs3 asked:


We feel that we have found the perfect vacation home in Michigan. However, the company is asking us to send a 50% payment. They have offered no rental agreement or contract. Is this normal? Also, does anyone know what the tax rate is on this type of lodging in Saugatuck, Michigan? We have been told 12%, but that sounds kind of high. Thanks.

James
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