Do you want to stay in a luxury vacation home overseas? If this is the case, then you will also need to study what are the country’s rules regarding renting out a property, as these vary vastly from one country to another. As an example, some countries in Europe restrict homeowners from making short term rentals with some exceptions. This isn’t always the case though and much information can be found by calling around and also checking online.
Some of the other factors that can be checked include what are the typical deposit amounts. While in the U.S., the protocol is usually one month’s rent or more depending on the person’s credit history, how do you know what methods are used since your credit rating will be null and void in another country using another system. The steps include that most vacation homes that are rented on a short term basis will typically have the requirements of paying all the stay well in advance. This puts both the renter and the owner at ease.
The other standards of criminal history, employment verification and references may indeed be conducted in the event that a licensed real estate agent is used. This background check provides some form of security for the homeowners, as they allow an unknown party to enter their home’s premises.
You will also be required to sign a lease agreement for luxury rental apartments or homes. Be prepared to have someone translate the lease in your language if it’s drafted in the native tongue.