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Glossary Term: Refunds
8 posts
A secure online service that processes payments from guests to hosts for short-term rental bookings. Payment gateways facilitate secure transactions, manage refunds, and ensure timely payouts to hosts.
The terms and conditions that outline the penalties or refunds associated with guest cancellations, protecting both hosts and guests.
The terms and conditions outlining the cancellation policy for a short-term rental booking, including refund options and deadlines.
The specific conditions and policies outlined by hosts regarding cancellations, refunds, and penalties for guests who need to change or cancel their reservations.
The handling and safeguarding of security deposits collected from guests to cover potential damages or violations of house rules.
The terms and conditions outlining the consequences for both hosts and guests in the event of a booking cancellation, including potential fees and refunds.
The set of rules and guidelines that determine the terms and conditions for canceling bookings on the Airbnb platform, outlining refunds and penalties.