An initial payment made when purchasing an investment property for short-term rentals, typically a percentage of the total purchase price.
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A legally binding agreement between a vacation rental property owner and a guest outlining the terms and conditions of the rental agreement.
Ensuring the collection and remittance of applicable occupancy taxes, such as hotel taxes or transient occupancy taxes, to local authorities.
Strategies and efforts aimed at providing guests with a positive and memorable stay, from pre-arrival to post-departure.
Measures taken to reduce the potential damage and loss of life caused by tsunamis, such as seawalls and early warning systems.