Specific rules and ordinances implemented by local governments to regulate short-term rentals listed on platforms like Airbnb, often addressing issues like registration requirements, occupancy limits, and noise restrictions.
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The process of verifying a potential guest’s identity and assessing their suitability as a renter before confirming their booking.
The actual price paid to acquire a property, including closing costs and other associated expenses. This is a crucial factor in calculating…
Short-term rentals designed around a specific theme or interest, like a movie-themed apartment or a nature-inspired cabin, to enhance guest experience and…
A partnership between two or more parties to develop and operate a property specifically designed or optimized for short-term rentals, sharing risks…