The process of ending a contract between a property owner and a short-term rental management company.
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Glossary Term: Contract Law
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A minor violation of a short-term rental agreement that doesn’t significantly impact the other party’s rights or the contract’s purpose, unlikely to justify legal action or contract termination.
A legal principle requiring both parties in a short-term rental agreement to act honestly and fairly, upholding the contract’s spirit and not undermining each other’s benefits.