Cancellation of the rental contract 1. IGW reserves the right to withdraw from the rental agreement in the event that the deposit, balance payment and security deposit agreed in the rental agreement are not received by the tenant in due time to the account of IGW (bank details according to the rental agreement). Furthermore, the lessor has the right to withdraw from the contract in the event that the rented property cannot be used for exceptional reasons (storm damage, etc.). Claims going beyond the reimbursement of the rental price (e.g. for damages) are excluded. 2. 2. The termination of the rental contract by the Hirer must be made in writing. In the event of cancellation, IGW will charge the Hirer a lump sum of 230 EUR to compensate for the additional expenses incurred. The renter is allowed to prove that IGW had costs for the processing of a lower amount. In addition, the Hirer must pay for the damage incurred by the Owner as a result of the cancellation. IGW will attempt to re-let the rental period. If the complete period is successfully re-let on the same terms as the cancelled agreement, the tenant will not incur any costs other than the cost of processing. If IGW is unsuccessful in re-letting all or part of the cancelled period, IGW will charge the Hirer a liquidated damages charge as follows. A damage lump sum of 30% of the rental amount will be charged if the tenant cancels the booking in the period after conclusion of the rental agreement up to 10 weeks before arrival. If the tenant cancels the booking in the period between 10 and 4 weeks before arrival, a damage lump sum of 60% of the rental amount will be charged. If the booking is cancelled within the period of 28 days up to the date of arrival, the Hirer is obliged to pay the full rental amount, less any own expenses saved by the Rental Firm (a flat rate of 5% of the rental amount). With IGW's consent, the Tenant may procure a replacement tenant who will assume the rights and obligations of the Tenancy Agreement. IGW recommends taking out travel cancellation insurance just in case.