The system by which short-term rental platforms and property managers handle secure financial transactions between guests and hosts, including booking payments, security deposits, and any additional fees.
Menu
You may also like
An electronic agreement between the host and guest outlining the terms and conditions of the rental.
Security protocols and practices implemented by platforms like Airbnb and VRBO to protect hosts and guests from fraudulent bookings, payment scams, and…
The practice of being transparent and disclosing all fees and charges associated with a short-term rental upfront, ensuring guests are fully aware…
A legal principle requiring both parties in a short-term rental agreement to act honestly and fairly, upholding the contract’s spirit and not…