Laws, rules, and guidelines set by local governments or homeowners’ associations that govern short-term rentals, including licensing, safety, and taxation.
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The expected deterioration of a property due to regular use, distinguishing it from damage caused by guests, relevant for security deposits.
An abbreviation for “Short-Term Vacation Contract Fee,” it represents the compensation paid to a short-term rental management company for their services, typically…
The percentage of time a short-term rental property is booked and occupied by paying guests over a specific period, indicating the property’s…
A digital or physical guide provided to guests upon arrival. It contains essential information about the property, amenities, house rules, local recommendations,…