An official document issued by local authorities granting permission to use a property for short-term rentals in compliance with zoning regulations.
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Glossary Terms
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A strict set of rules with no exceptions, often implemented by hosts for issues like parties, smoking, or exceeding guest capacity.
A situation where one party’s gain is directly offset by another’s loss, sometimes relevant in competitive short-term rental markets.
Exhaustion experienced from excessive video conferencing, relevant for hosts conducting virtual tours or remote guest interactions.
A local law that regulates land use within a specific jurisdiction, dictating permitted activities and potentially impacting short-term rental operations.
A budgeting method where every dollar of income is allocated to specific expenses, ensuring comprehensive financial planning for short-term rentals.
A seamless booking process that eliminates unnecessary steps, allowing guests to reserve a stay with minimal effort.
A legal exception granted by local authorities that allows a property owner to deviate from existing zoning regulations.
A digital real estate marketplace that includes platforms like Zillow, Trulia, and HotPads, providing data and resources for short-term rental hosts.
A wireless communication protocol used for smart home devices, enabling interconnected amenities like smart locks and thermostats.
A tranquil outdoor space often featured as an amenity in short-term rentals, promoting relaxation and well-being.
Implementing sustainable practices to minimize environmental impact, such as using eco-friendly cleaning products and reducing single-use items.