booking an off site villa a year in advance....

[Lucky4me]

Help!!!

Hi everyone, long time since Ive posted!

Ive been looking for a snowbird rental near Disney World for January 2018. I found one that was reasonably priced, decent and near Disney. I put down a small deposit, but the owner wanted almost 30% for the down payment.

I was just about to mail that down payment when I found out the villa is up for sale.
The owner did not disclose this information.

So.....
At this point would you just ask for the initial deposit back and move on?

The owner is telling me that if sold, the new owners are obligated to honor our lease agreement.
I don't think this is always the case and I don't want to wait around several months only to find out we not only lost the rental, but also our 30% down payment!

Has anyone ever had a problem like this before?

I'm so upset because it was a fantastic price for a 3 bedroom townhouse at Emerald Island.

Thanks for any advice!

 

[Klayfish]

I don't think I'd take the risk. The new owner, from a customer service standpoint, would probably want to honor existing agreements, but they may not legally be obligated to do so. I'd just find another place and move on. There are SO many places around WDW you won't have a hard time finding a bargain. We always do.

 

[Woodview]

So you hand over Your Money to owner No.1 who is about to sell his villa. &

he thinks that the new owner will honor your ( paid for ) booking.

Owner No.2 has a booking ( Yours ) that he is not getting any money for ( Owner No.1 has the Money {yours } )

Why should Owner No. 2 Give you his villa for your vacation for free. ?