Establishes rules for rental home marketplace guarantees in Ohio, including insurer rights and provider obligations.
The bill, known as the Rental Home Marketplace Guarantees Act, sets forth regulations for rental home marketplace guarantees in Ohio. It mandates that providers must make guarantee terms available on their websites and comply with specific requirements. Providers must insure all rental home insurers that issued the reimbursement insurance policy. The insurer retains the right to seek indemnification or subrogation from the provider if the insurer pays sums to the platform contract holder.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.