The process of vetting potential guests to minimize risks associated with property damage, noise complaints, or other undesirable behaviors.
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Glossary Term: Security Deposit
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Insurance policies or security deposit options that protect hosts from financial losses due to accidental or intentional damage caused by guests during their stay.
The process of transferring funds between guests, hosts, and booking platforms for short-term rental transactions.
Insurance or security deposit options that protect hosts from financial losses due to accidental or intentional damage to their property by guests.
Procedures used by hosts to evaluate potential guests and mitigate risks, such as verifying identities, reading reviews, or requesting security deposits.
The highest amount of security deposit that a host can legally charge guests for potential damages to their short-term rental property.
Insurance policies or security deposit options that safeguard hosts against financial losses resulting from accidental or intentional damage to their property by guests during their stay.
A collaborative approach to vetting potential guests before accepting bookings, often involving communication and review of profiles by both property owners and co-hosts or property managers to ensure a safe and respectful environment.
A refundable amount of money collected by hosts from guests before their stay to cover potential damages or losses to the short-term rental property.
Insurance policies or security deposit options that provide financial coverage for potential damages to a short-term rental property caused by guests.
The reasoning provided by a host for charging specific fees or requiring certain conditions from guests, such as a security deposit for potential damages or a minimum stay requirement during peak season.
Insurance policies and security measures designed to protect short-term rental hosts from potential liabilities, property damage, and other risks associated with renting their properties.