What does the vacancy transfer fee mean?

Vacancy transfer fee refers to the fee charged by the landlord or hotel to the tenant or guest when the rented house or hotel room has not expired within the contract period and the landlord or hotel must inform the tenant or guest to check out in advance. This fee is usually stipulated in the rental contract or hotel reservation agreement, and its role is to ensure that the economic interests of the landlord or hotel will not be affected.

The principle of charging vacancy transfer fee is to inform tenants or guests at least one day or more in advance. This notice must be made in written or oral form, and the tenant or guest must be clearly informed of the fees to be paid and the specific check-out time. If tenants or guests don't check out at the specified time, they may face additional fees and may affect their credit history.

For the landlord or hotel, the vacancy transfer fee can bring economic benefits, but for the tenant or guest, before signing or booking, it is necessary to understand the relevant regulations and terms to avoid unnecessary troubles and expenses. When choosing to rent a house or book a hotel, you should read the contract agreement and reservation agreement carefully to understand the provisions of the vacancy transfer fee, so as not to cause economic losses.