The legal process where unclaimed security deposits or rental income are transferred to the state after a specified period of time, requiring hosts to maintain accurate records.
Escheatment
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Escheatment
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The use of software or integrated platforms to automatically track income and expenses associated with short-term rentals, simplifying financial management.
A detailed document outlining the responsibilities, qualifications, and expectations for specific roles within a short-term rental business, such as cleaners, property managers,…
Online payments processed through the Stripe platform, often used for booking transactions in short-term rentals.
Specific rules and ordinances implemented by cities or municipalities governing short-term rentals, often addressing issues like licensing, occupancy limits, and noise restrictions.