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Annexure F - Cancellation Policy

We hope you have a happy stay with OppiKampus, however if you decide for any reason to cancel your Agreement of Lease (AOL) or breach a clause in your Agreement of Lease the below Annexure F - Cancellation policy will come into effect. Any outstanding payments must be settled before cancellation of this agreement. The cancellation policy is applicable whether the resident or OppiKampus affects the cancellation policy.


SCENARIO | 1

THE APPLICANT CANCELS AFTER 1 NOVEMBER 2019 BUT BEFORE 30 NOVEMBER 2019

Cancellation Penalty:

A penalty equivalent to 1 months’ rent will be applicable. The aforesaid fee will be deducted from the Agreement of Lease fees paid to date.

Administration Fee:

Administration fee is non-refundable.

Deposit:

Only the balance of your deposit will be refunded after the deduction of the cancellation penalty.

Mattress Protector:

Mattress protector fee will be refunded.

AOL Fees:

AOL rental fees paid to date will be refunded.


SCENARIO | 2

THE APPLICANT CANCELS AFTER 1 DECEMBER 2019 BUT BEFORE 1 JUNE 2020

Cancellation Penalty:

A penalty equivalent to 1 months’ rent + 50% of the AOL remainder period. The aforesaid fees will be deducted from the Agreement of Lease fees paid to date.

Administration Fee:

Administration fee is non-refundable.

Deposit:

Only the balance of your deposit will be refunded after the deduction of the cancellation penalty.

Mattress Protector:

Mattress protector fee is non-refundable.

AOL Fees:

The balance of the AOL fees paid in advance less the aforesaid cancellation penalty shall be refunded to the resident (if applicable).


SCENARIO | 3

THE APPLICANT CANCELS AFTER 1 JUNE 2020

Cancellation Penalty:

A penalty equivalent to 1 months’ rent + 100% of the AOL remainder period. The aforesaid fees will be deducted from the Agreement of Lease fees paid to date.

Administration Fee:

Administration fee is non-refundable.

Deposit:

Only the balance of your deposit will be refunded after the deduction of the cancellation penalty.

Mattress Protector:

Mattress protector fee is non-refundable.

AOL Fees:

The balance of the AOL fees paid in advance less the aforesaid cancellation penalty shall be refunded to the resident (if applicable).


If you have any questions or require assistance, please do not hesitate to contact us