A legally binding agreement between a buyer and seller that outlines the terms and conditions for the sale and purchase of a property, including the purchase price, closing date, and any contingencies.
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A hypothetical tax or increased property tax levied on large, luxurious homes, sometimes associated with short-term rentals in upscale neighborhoods.
A tax levied on short-term rentals, typically collected from guests and remitted to local authorities.
Reviews and ratings provided by previous guests on short-term rental platforms, offering valuable insights into the guest experience and property quality.
A reservation made outside of the Airbnb or VRBO platforms, potentially through direct contact with the host or a property manager’s website.