Thorough research and evaluation of a specific geographic area to determine its suitability for short-term rental investments, considering factors like demand, competition, and regulations.
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Glossary Term: Regulatory Compliance
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A review of a short-term rental business’s operations and documentation to ensure compliance with local regulations, licensing requirements, and tax obligations.
A trade association representing the timeshare and resort development industry, providing advocacy, education, and networking opportunities to its members.