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.
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Glossary Term: Refundable Deposit
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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 held by the host to cover potential damages or losses caused by guests during their stay.
A refundable amount held by the host to cover potential damages to the property during a guest’s stay.
A refundable amount collected by hosts to cover potential damages or losses that may occur during a guest’s stay.