A property specifically designed and constructed for the purpose of short-term rentals, often featuring multiple units or amenities tailored to transient guests.
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Glossary Term: Short-Term Rental Property
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A partnership between two or more parties to develop and operate a property specifically designed or optimized for short-term rentals, sharing risks and rewards.
A dwelling unit, such as an apartment, house, or condo, listed and rented out for short-term stays on platforms like Airbnb or VRBO.