A special rate agreed upon between a host and a guest, typically for extended stays, corporate bookings, or repeat customers.
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Glossary Term: Agreement
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A provision in a short-term rental agreement or local regulation that sets an expiration date or limits the duration of short-term rentals in a particular area.
A legally binding agreement between a buyer and seller that outlines the terms and conditions for the sale and purchase of a property, including the purchase price, closing date, and any contingencies.
A legal document outlining the ownership and operational procedures for a business, especially important for short-term rental properties with multiple owners or managed by a company.
An agreement between a host and a guest to cancel a confirmed booking, typically initiated due to unforeseen circumstances or a change in plans by either party.
A legally binding contract between a property owner and a property manager that outlines the terms and conditions of their business relationship.
A legally binding contract outlining the responsibilities and compensation structure between a primary host and a co-host.
A section in a rental agreement that requires disputes between the host and guest to be settled through binding arbitration instead of court.