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Vrbo (/ ˈ v ɜːr b oʊ / VER-boh [1]), an initialism of Vacation Rentals by Owner, is an online marketplace for vacation rentals. It is headquartered in Austin, Texas , and is owned by Expedia Group .
A rental agreement is a contract of rental, usually written, between the owner of a property and a renter who desires to have temporary possession of the property; it is distinguished from a lease, which is more typically for a fixed term. [1] As a minimum, the agreement identifies the parties, the property, the term of the rental, and the ...
Consumers unfamiliar with the concept of a vacation rental property may confuse it with a timeshare property. Many timeshare resorts offer quarter ownership, which provides 13 weeks of use or rental. A timeshare can still be made available as a vacation rental should an owner decide to put his owned week(s) on a vacation rental program.
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HomeAway announced in November 2006 its $160 million in financing to fund global expansion initiatives, including the acquisition of Vrbo.com (Vacation Rentals by Owner). [11] On November 11, 2008, HomeAway announced it had completed an additional $250 million equity capital raise. [ 48 ]
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...