Modifying the specific guidelines and expectations for guests staying at a short-term rental, such as smoking policies, pet allowances, or noise restrictions.
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Glossary Term: Property Protection
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Updating the information regarding safety amenities provided in a short-term rental, like smoke detectors, carbon monoxide alarms, or security systems, to reassure guests and comply with regulations.
Cameras installed outside the property to monitor entrances, exits, and surrounding areas, enhancing security and providing evidence in case of incidents.
An optional fee or insurance policy offered to guests that covers potential damages to the property during their stay.
Coverage options for hosts to protect their property from accidental damage caused by guests, often offered through platforms or third-party providers.
An optional fee or insurance policy that protects hosts from financial liability in case of guest-caused damages.
An optional program offered by some platforms or insurance providers that provides coverage for accidental damages caused by guests during their stay, often as an alternative to traditional security deposits.
A refundable fee collected from guests before their stay to cover potential damages to the property beyond normal wear and tear.
A legal document outlining the terms and conditions of a security deposit provided by a tenant to a landlord in a commercial lease agreement, potentially relevant for short-term rental properties.
A type of insurance coverage that protects short-term rental owners from financial losses caused by water damage to their property, typically covering repairs, replacement costs, and loss of rental income.
A type of insurance policy specifically designed for short-term rental properties, covering potential risks such as property damage, liability, and loss of income.
A documented plan outlining procedures and responsibilities in case of emergencies or unforeseen situations affecting the property or guests.