A refundable amount held by the host to cover potential damages or losses incurred by the guest during their stay.
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Glossary Term: Damage Protection
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Implementing measures to protect the property from potential damages, such as requiring security deposits, offering damage waivers, or utilizing property monitoring systems.
A refundable amount collected from guests before their stay to cover potential damages or violations of house rules.
A refundable amount collected from guests before their stay to cover potential damages to the property or its contents. The terms and conditions surrounding security deposits vary by platform and local regulations.
A refundable amount collected from guests before their stay to cover potential damages to the property. It is typically managed through the booking platform.
Establishing a clear and fair policy for handling accidental damages, outlining procedures for reporting, assessing, and addressing the situation while maintaining positive guest relations.
A refundable amount collected from guests before their stay to cover potential damages or extra cleaning costs beyond normal wear and tear.
Insurance or security deposits that protect hosts from financial losses due to accidental or intentional damage caused by guests during their stay.
A refundable amount held by the host to cover potential damages or losses caused by guests during their stay.
A refundable amount held by the platform or host to cover potential damages or extra cleaning costs incurred during a guest’s stay.
A refundable amount held by the host to cover potential damages to the property during a guest’s stay.
A refundable amount of money collected by hosts from guests before their stay to cover potential damages or losses to the short-term rental property.