Main & Henry– Extended-Stay Residences Rental Agreement

Rental Agreement for Reservations:
By agreeing to the following terms and conditions, the individual renter (the “Guest”) is entering into a rental agreement (the “Agreement”) with renter North Main, LLC, a Virginia limited liability company (hereinafter referred to as “Main & Henry”). In consideration of the mutual promises contained herein, both parties agree that Main & Henry shall grant to Guest a non-transferable and revocable rental (the “Rental”) to use the real property for the duration of time as is outlined in the rental contract executed between the parties subject to the Terms and Conditions herein set forth (the “Contract”).
Contract: Online reservations constitute the valid and binding Contract subject to the terms and conditions herein set forth. For phone reservations, terms and conditions are those set forth on the Main & Henry website. Upon booking, you are deemed to have agreed to all terms and conditions.

Violation of Rental Agreement:
Upon violation of the following terms and conditions, specifically, any occupancy limits substantiated parking, noise, and trash complaints in violation of the Good Neighbor Policy (hereinafter defined), the rental is subject to immediate revocation. Guest is subject to quick removal from the Property, a minimum $500 fine, and cleaning fees. Additionally, Guest acknowledges that they may be subject to consequential damages due to their violation, including, without limitation, damages associated with Main & Henry’s inability to conduct rentals of the Property due to any permit revocation or suspension that may result from Guest’s use thereof.

Cancellation Policy
It is essential to understand our cancellation policies before making your reservation.
Upon Reservation:
A 25% deposit is made on all Reservations. The deposit applies toward the total cost of the reservation. Warranty will be used to last payment due on monthly reservations.
Guests may cancel within 24 hours of the reservation without loss of deposit, except for reservations made seven (7) days or less before the date of arrival.
Reservations:
A Reservation is any reservation for short-term, daily, weekly, and monthly stays. Multiple-weekly, -months reservations: Advance payment required is only for any upcoming week or month. Weekly reservation require 7-day notice prior departure (if different from original booking). Monthly reservation require 30-day notice prior departure (if different from original booking).
Reservations Early Cancellation:
Early Cancellation is any cancellation made 30 days or more before the date of arrival. Cancellation must be made in writing, either email or postmarked 30 before the date of arrival. Early Cancellations qualify for a full refund of the original deposit.
Reservations Late Cancellation:
Cancellations within 29-15 days of arrival will result in a forfeit of the deposit (25% of total cost).
Cancellations or changes to reservations within 14-8 days of arrival will result in 50% of the rate for the canceled/forfeited days.
Cancellations or changes to reservations within seven days before the arrival date will result in a loss of 100% of the reservation total. We will do our best to book another party, and if successful, we can offer partial refunds minus an administrative fee.
Last-Minute Reservations:
A Last-Minute Reservation is any reservation made within seven days of the arrival date. Any cancellations or changes for a Last-Minute Reservation, including those made within 24 hours of booking your reservation, will result in a loss of 100% of the reservation total. See Monthly Reservation for last-minute reservation policy.
Long-Term Reservations:
A Long-Term Reservation (> 6 months) is any reservation with fixed move-in and move-out dates. A Contract will be sent, and terms will be established in said Contract.
Payments / Taxes:
Tax is not applicable for stays of 31 or more consecutive days in the same unit. For reservations less than 31 consecutive days, there is a 12.3% tax (7% town tax, 5.3% state tax). The minimum stay at Main & Henry is seven days.

Weekly & Monthly Reservation (31+ days):
Upon request of a weekly/monthly reservation, a 25% deposit of the total cost of the reservation will be made to secure the rental unit and will be applied to the last payment of your reservation. Weekly reservations will be billed in 7-day blocks. Monthly reservations will be billed in 30-day blocks. The first 7 or 30 days of your rent (weekly or monthly) will be billed in full to your credit card seven days before your arrival. Subsequent rental blocks, or partial blocks, will be billed to your credit card in full on the first day of the new billing cycle.
Last-Minute Reservations: Any reservation made within seven days of your arrival will be billed for 25% of the total cost of reservation plus one month and will not be subject to cancellation refunds.
Payment by check. Checks should be mailed to P.O. Box 324, Blacksburg, VA 24063 and will be considered late if they are not RECEIVED within five (5) days of the billing cycle date. A $35 returned check fee will be assessed for any returned checks. If payment is not received with five (5) of the billing cycle date, it will be considered late, and a $75 late fee will be assessed. If the credit card on file is declined, guests will be required to make a payment by another credit card, money order, or cashier’s check.
Terms and Conditions for Rental
1.**Unless stated otherwise, check-in will occur no sooner than 3pm on arrival, and check out will occur no later than 11am on the date of departure.
2. Pets prohibited: Domestic or commercial animals are not allowed on the premises at any time. Any sign of a pet onsite associated with the Guest’s group will cause immediate eviction and forfeiture of all rental fees. Additional cleaning fees starting at $250 may also be assessed.
3. Smoking: Guests may only smoke outside all buildings on the Property. Violators of this policy are subject to a minimum $250 cleaning fee and any cost associated with removing smoke from the property in addition. Additionally, it is paramount that all our properties remain smoke butt-free and, upon check-out, must be found free of any smoke butts. If butts are found, please report to the Main & Henry office at 540 553-1000.
4. Occupancy: The Maximum Occupancy of all properties may not be exceeded in the area of persons or vehicles at any time. The maximum numbers of guests are 4 for the 1br-unit and six guests for the 2br-unit. Vehicles allowed are 1 / bedroom and must be parked in assigned space(s) that coincide with the unit #. Guest agrees to have additional cleaning fees for an occupancy violation be charged to the credit card submitted upon booking.
5. Payment: Balances are due in full seven days prior to check-in. Guest agrees to have all balances owing after the due date placed on the credit card used for the deposit.
6. Cancellation Policy: Cancellation Policy is as set forth hereinabove.
7. Transfer: Rentals are non-transferable to another party without the express, written permission of Main & Henry.
8. Behavior/Damage: Guests may not permit any acts on the Property that violate any state law, Good Neighbor Policy, or other rules that may be established by Main & Henry from time to time. Guests may not destroy damage, deface, or remove any contents or permit any person to do so. Guests are liable for all damages to furnishings and the Property. Guests must report any damage found at the Property so that Main & Henry can hold the correct party responsible. Guest agrees to have all damage fees be charged to the credit card submitted upon booking. Suppose Guest is unwilling or unable to pay for damage caused by their group within 60 days from the departure date. In that case, they will be responsible for the cost of repair in addition to the price of all legal, attorney, and administrative fees incurred by Main & Henry required to collect the balance owed.
9. Noise: Please respect the neighbors' rights by restricting sound and noise to a reasonable volume.