Short Term Rental Glossary For Airbnb & Vrbo

IkCancellation Policy

The terms and conditions that dictate the refund policy for guests who cancel their booking.

IkListing Optimization

The process of improving a property listing to attract more bookings, including using high-quality photos, compelling descriptions, and relevant keywords.

IkAirbnb Superhost

A status awarded to top-rated hosts on Airbnb who consistently provide exceptional guest experiences.

IkVRBO Premier Host

A similar program on VRBO that recognizes hosts who meet specific performance standards and provide excellent guest service.

Illegal Rental

A short-term rental operating in violation of local zoning laws, HOA regulations, or other applicable ordinances.

Illuminated Signage

Exterior lighting that enhances the visibility and appeal of a short-term rental property, particularly during evening hours.

Illegally Subletting

Renting out a property or a portion of it on a short-term basis without the permission of the legal owner or in violation of a

Illegal Use

Activities prohibited in a short-term rental property, often outlined in the rental agreement and local laws, such as illegal drug use, parties exceeding the allowed

Illegal Parking

Parking a vehicle in a restricted area or in violation of local parking regulations, which may result in fines or towing, impacting the guest experience

Illegal Subletting Clause

A clause in a lease agreement that explicitly prohibits tenants from subletting the property to others, including for short-term rentals, without the landlord’s consent.

Illegal Activity Liability

The legal responsibility of a short-term rental host for any illegal activities that occur on their property, which can vary depending on local laws and

Illegal Discharge

The improper disposal of hazardous or regulated substances, such as chemicals or waste, on a short-term rental property, which can result in environmental damage, fines,

Illegal Building Conversion

Modifying a property for short-term rental purposes without obtaining the necessary permits or approvals, which can lead to safety hazards, code violations, and legal repercussions.

Illegal Discrimination

Refusing to rent a short-term rental property to a guest based on protected characteristics such as race, religion, or national origin, which is illegal under

Illegal Eviction

Forcibly removing a guest from a short-term rental property without following proper legal procedures, which can result in lawsuits and financial penalties for the host.

Illegal Firework Use

The use of fireworks on a short-term rental property, which may be prohibited by local ordinances or fire codes and pose a safety risk, potentially

Illegal Drug Activity

Engaging in or permitting the use, possession, or distribution of illegal drugs on a short-term rental property, which is a criminal offense and can result

Illegal Gambling Operation

Running an unauthorized gambling operation on a short-term rental property, which is illegal in most jurisdictions and can lead to raids, arrests, and asset forfeiture.

Illegal Weapon Possession

Possessing or allowing guests to possess firearms or other weapons on a short-term rental property in violation of local laws or lease agreements, which can

Illegal Noise Levels

Generating excessive noise from a short-term rental property, such as loud music or parties, that exceeds permissible noise limits set by local ordinances and disturbs

Illegal Occupancy

Exceeding the maximum number of guests allowed in a short-term rental property as specified in local regulations or the rental agreement, which can raise safety

Illegal Waste Disposal

Disposing of garbage, recycling, or other waste materials from a short-term rental property in a manner that violates local regulations or environmental laws, potentially leading

Illegal Animal Ownership

Keeping prohibited or dangerous animals on a short-term rental property without proper permits or in violation of local ordinances or lease agreements, posing a risk

Illegal Construction Work

Performing renovations or construction activities on a short-term rental property without obtaining the necessary permits or approvals, which can result in safety hazards, code violations,

Immediate Booking

A feature on Airbnb and VRBO that allows guests to book a short-term rental instantly, without waiting for host approval.

Immersive Experience

A trend in short-term rentals where hosts aim to provide guests with unique and memorable stays that go beyond basic accommodation, often incorporating local culture,

Implied Warranty of Habitability

A legal doctrine requiring landlords, including short-term rental hosts, to provide a safe and livable dwelling, even without explicitly stating so in a lease agreement.

Impact Windows

Windows designed to withstand high winds and flying debris, offering increased safety and security for properties in hurricane-prone areas, a desirable feature for short-term renters

Implied Right of Quiet Enjoyment

A legal right of a tenant, including short-term renters, to be free from unreasonable disturbances and interferences with their use and enjoyment of the rental

Improper Maintenance Claims

Claims made by guests alleging injury or damages due to the host’s failure to adequately maintain the property, highlighting the importance of regular upkeep and

Imminent Threat

A situation in a short-term rental where the safety or security of guests, property, or others is in immediate danger, justifying immediate action like guest

Immersive Cleaning

A detailed cleaning approach for short-term rentals going beyond basic tidying to create a truly hygienic and welcoming environment, often exceeding standard cleaning protocols.

Improved Amenities

Upgraded features and conveniences in a short-term rental that go beyond the basics to enhance guest comfort and satisfaction, potentially increasing booking appeal and justifying

Implied Warranty of Merchantability

An unwritten, legal promise in a short-term rental agreement that the property is suitable for its intended purpose, meaning it’s habitable and safe for guests.

Import Permit

Official authorization required to bring certain goods or furnishings into a country for use in a short-term rental, often needed for imported furniture, appliances, or

Implied Consent

In the context of short-term rentals, agreement inferred from a guest’s actions or inactions, such as using provided amenities, that suggests acceptance of house rules

Immaterial Breach

A minor violation of a short-term rental agreement that doesn’t significantly impact the other party’s rights or the contract’s purpose, unlikely to justify legal action

Implied Right of Entry

A landlord’s legal right to access a rental property, even in a short-term context, for specific reasons like repairs, emergencies, or pre-agreed showings, with proper

Implied License

Temporary permission granted to a guest in a short-term rental to access and use the property for the agreed-upon period, even if not explicitly stated

Immovable Fixtures

Permanent elements attached to a short-term rental property, like built-in appliances, fixtures, or structural components, that are legally considered part of the property and cannot

Impairment Liability

A host’s legal responsibility for injuries or damages occurring on their short-term rental property due to unsafe conditions caused by alcohol or drug use they

Incident Log

A chronological record of any incidents, accidents, damages, or complaints that occur at a short-term rental property. Important for liability protection and identifying recurring issues.

Indoor Air Quality (IAQ)

Refers to the air quality within and around buildings, particularly as it relates to the health and comfort of occupants. Important for short-term rentals to

Inquiry Rate

The percentage of listing views that result in potential guests sending an inquiry message to the host. A key performance indicator (KPI) for measuring listing

Insurance Premium

The amount paid to an insurance company to cover potential risks associated with a short-term rental property, such as property damage, liability claims, or loss

Investment Property

Real estate purchased with the primary intention of generating income, such as through renting on platforms like Airbnb and VRBO, rather than for personal use.

Invoice

A document that outlines the charges for a short-term rental stay, including the nightly rate, cleaning fees, taxes, and any additional services. Provides a clear

Inbound Marketing

A marketing strategy focused on attracting potential guests to a short-term rental listing through valuable content, social media engagement, and search engine optimization (SEO).

Initial Investment

The upfront costs associated with acquiring and setting up a short-term rental property, including purchase price, renovations, furnishings, and initial marketing expenses.

In-Season Rates

Pricing strategy for short-term rentals where higher rates are charged during periods of peak demand, such as holidays, special events, or popular travel seasons.

Interior Design

The art and science of enhancing the interior of a short-term rental to create a functional, aesthetically pleasing, and welcoming space that aligns with the

Insurance Deductible

The amount a short-term rental host is responsible for paying out of pocket in the event of a covered insurance claim, before the insurance policy

Inspection Checklist

A comprehensive list used by hosts or property managers to ensure a short-term rental is clean, safe, and well-maintained before guest arrival and after guest

Incentive Program

Offers or rewards provided by short-term rental platforms or property managers to incentivize hosts to improve their listing performance, guest satisfaction, or booking rates.

In-Unit Amenities

Features and conveniences provided within a short-term rental unit itself, such as a fully equipped kitchen, washer/dryer, Wi-Fi, smart home devices, or entertainment systems.

Income Projection

An estimate of the potential rental income a short-term rental property can generate over a specific period, considering factors like occupancy rates, average daily rates,

Insurance Waiver

A document signed by a guest that releases the host from liability for any damages or injuries that occur on the property during their stay.

Insurance Liability

The responsibility of a short-term rental host or property manager to compensate for damages or injuries that occur on the property during a guest’s stay.

IoT Enabled Devices

Internet of Things devices used in short-term rentals for enhanced guest experiences, such as smart locks, thermostats, and lighting systems.

IoT Occupancy Sensors

Sensors connected to the internet that detect occupancy in a rental property, often used for automating energy savings or security systems.

IoT Noise Monitoring

The use of internet-connected devices to monitor noise levels within a short-term rental, helping hosts enforce house rules and prevent disturbances.

IoT Access Control

A system using internet-connected devices to manage access to a property, such as smart locks or keyless entry systems, often integrated with booking platforms.

IoT Energy Management

Utilizing internet-connected devices like smart thermostats and lighting controls to optimize energy consumption in rental properties, reducing costs and environmental impact.

IoT Leak Detection

The use of internet-connected sensors to detect leaks in plumbing or appliances, enabling quick response and minimizing potential water damage.

IoT Security Systems

Internet-connected security systems that provide remote monitoring and control of security features like cameras, alarms, and motion detectors in rental properties.

IoT Guest Communication

The use of internet-connected devices and platforms to facilitate communication with guests, such as smart speakers for providing information or messaging systems integrated with booking

IoT Data Analytics

The collection and analysis of data generated by IoT devices in rental properties to gain insights into guest behavior, property performance, and operational efficiency.

IoT-Enabled Cleaning

The use of internet-connected devices in cleaning processes, such as robotic vacuums or smart laundry systems, to improve efficiency and maintain cleanliness standards.

IoT-Powered Maintenance

Utilizing internet-connected sensors and devices to monitor the condition of appliances and systems, enabling predictive maintenance and proactive issue resolution.

IoT Guest Preferences

Utilizing data collected from IoT devices to understand guest preferences and tailor the rental experience, such as adjusting temperature settings or recommending local attractions.

IoT Revenue Management

Leveraging data from IoT devices and external sources to optimize pricing strategies, adjust rates based on demand and occupancy, and maximize rental income.

IoT Risk Management

Using data from IoT devices to identify and mitigate potential risks, such as detecting potential security threats or monitoring environmental conditions that could lead to

IoT Sustainable Hosting

Implementing internet-connected devices and systems to promote sustainable practices, such as energy-efficient appliances, water conservation measures, and waste management solutions.

IoT Guest Feedback Loop

Using data from IoT devices, such as occupancy sensors or smart thermostats, to gather indirect feedback on guest preferences and improve the rental experience.

IoT Property Management Platform

A software platform that integrates with various IoT devices and systems to provide a centralized hub for managing short-term rental properties.

IoT-Enhanced Guest Vetting

Using data from IoT devices, such as security cameras or access control systems, to enhance guest vetting processes and mitigate potential risks.

IoT-Driven Dynamic Pricing

Utilizing real-time data from IoT devices, such as occupancy sensors or weather stations, to adjust rental prices dynamically based on demand and market conditions.

IoT-Based Local Recommendations

Providing personalized recommendations to guests for local attractions, restaurants, or activities based on data collected from IoT devices and guest preferences.

Ipm (Integrated Pest Management)

A sustainable approach to pest control that minimizes the use of pesticides while maximizing effectiveness. It involves regular inspections, preventative measures, and targeted treatments.

Iphoneography

The art of taking high-quality photos and videos using an iPhone or other smartphones. For short-term rental hosts, this can be a cost-effective way to

Ip Address Tracking

Monitoring the IP addresses of guests who access the Wi-Fi network in a short-term rental property. This can help with security and identifying unauthorized access.

Ipad As Digital Guest Book

Utilizing an iPad as a modern alternative to a traditional guest book. Guests can leave reviews, access property information, and communicate with the host.

Ip Geolocation

The process of identifying the approximate geographical location of a device using its IP address. This information can be used to personalize guest experiences and

Ipsy

A subscription service that delivers personalized beauty products. Hosts can partner with Ipsy to offer sample boxes or gift cards as amenities for guests.

Ip Transit

A service that allows networks to connect to the internet and exchange traffic. For short-term rental properties with multiple units or high bandwidth needs, dedicated

Ipad As Smart Home Hub

Using an iPad as a central control panel for smart home devices in a rental property. Guests can adjust lighting, temperature, and other settings from

Iperf

A commonly used network testing tool that measures network throughput. Hosts can use Iperf to diagnose and troubleshoot internet speed issues in their rental properties.

Ipvanish

A popular Virtual Private Network (VPN) service. Hosts can subscribe to Ipvanish to enhance their online privacy and security, especially when managing their rental business

Ip Camera Regulations

Laws and guidelines governing the use of IP cameras in short-term rentals, particularly concerning guest privacy. Hosts must be aware of and comply with local

Iphone Charging Station

Providing dedicated charging stations or cables for iPhones as an amenity for guests who are Apple users.

Ip Address Blocking

A security measure that prevents access to a network or device from specific IP addresses. Hosts can use this to block known malicious IPs or

Iptv (Internet Protocol Television)

A method of delivering television content over the internet. Hosts can offer IPTV as an alternative to traditional cable or satellite TV for their guests.

Ip Whitelisting

A security practice that allows access to a network or device only from a pre-approved list of IP addresses. This can enhance security and limit

Iphone As Digital Concierge

Providing guests with an iPhone pre-loaded with useful apps, local recommendations, and property information to enhance their stay experience.

Ipad For Guest Communication

Using an iPad as a dedicated communication tool for guests to contact the host, request services, or access property information.

Ipg (Instant Payment Gateway)

A payment processing system that allows for real-time transaction authorization and settlement. This can be beneficial for short-term rental hosts who want faster access to

Ipad As Digital Art Display

Utilizing an iPad to showcase local artwork, photography, or digital art pieces in the rental property, enhancing the aesthetic appeal.

Ip Address Conflicts

A situation where two or more devices on the same network are assigned the same IP address, leading to connectivity issues. Hosts need to be