The estimated market value of a short-term rental property as determined by a qualified appraiser, often used for financing, insurance, or investment purposes.
Appraisal Value
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The estimated market value of a short-term rental property as determined by a qualified appraiser, often used for financing, insurance, or investment purposes.
Communication exchanged between hosts and guests through spoken words, either in person or remotely, which can be important for building rapport and…
A legal principle requiring both parties in a short-term rental agreement to act honestly and fairly, upholding the contract’s spirit and not…
Established benchmarks and guidelines for service, cleanliness, and overall quality in the hospitality industry, often applied to short-term rentals.
Implementing thorough guest verification and screening processes, potentially including background checks or ID verification, on a weekly basis to mitigate risks and…
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