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: Guest responsibility
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A refundable fee collected by hosts to cover potential damages to a short-term rental property caused by guests during their stay.
A refundable amount collected from guests before their stay to cover potential damages or violations of house rules.
Crafting clear, concise, and guest-friendly house rules that outline expectations for guest behavior while respecting their comfort and privacy.
Excess consumption of utilities (electricity, water, etc.) beyond a predetermined limit set by the host, potentially leading to additional charges for the guest.
Insurance or security deposit options that protect hosts from financial losses due to accidental damage caused by guests.
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.
A refundable amount collected from guests at the time of booking to cover potential damages to the property during their stay, managed through platforms like Airbnb and VRBO.
A refundable amount collected from guests before their stay to cover potential damages or extra cleaning costs beyond normal wear and tear.
The penalties or actions taken against guests who violate the established house rules, ranging from warnings to financial penalties to eviction from the property.
Setting refundable security deposit amounts to mitigate potential damages while adhering to platform guidelines and local regulations.