Legal rights associated with properties located adjacent to bodies of water, potentially impacting short-term rental usage and requiring disclosure to guests.
Glossary Term: Disclosure
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The act of a host accurately reporting the mileage of a vehicle provided as part of a short-term rental, particularly important for platforms like Turo.
A provision in a rental agreement stating that the property is rented in its current condition, including any existing damage or defects.
A situation where one party in a transaction has more information than the other, such as a host knowing more about the property’s condition than a guest.