The process of evaluating potential guests based on reviews, ratings, and background checks to mitigate risks and ensure the safety of the property and neighborhood.
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The percentage of time a vacation rental is booked over a specific period, indicating its popularity and profitability.
Real estate purchased or utilized specifically for the purpose of generating rental income, including short-term rentals listed on platforms like Airbnb and…
The terms and conditions that outline the penalties or refunds associated with guest cancellations, protecting both hosts and guests.
The legal process where unclaimed security deposits or rental income are transferred to the state after a specified period of time, requiring…