The shared responsibility of tracking income, expenses, and generating financial reports for a short-term rental, often facilitated by property management software or collaborative spreadsheets accessible to both owners and co-hosts or property managers.
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Laws, ordinances, and regulations imposed by local governments or homeowners’ associations that govern short-term rentals, including licensing, permits, occupancy limits, and noise…
A popular brand of smart home devices, including thermostats, smoke detectors, and security cameras, often integrated into short-term rentals for energy efficiency…
The legal responsibility of either the host, guest, or property manager for damages or injuries that occur within a short-term rental property,…
A discounted price offered to guests who book a short-term rental for an extended period, typically a month or longer.