Establishes rules for rental home marketplace guarantees in Ohio, including insurance requirements and consumer protections.
The bill, known as the Rental Home Marketplace Guarantees Act, sets forth regulations for rental home marketplace guarantees in Ohio. It mandates that providers insure these guarantees with a reimbursement insurance policy and ensures that such guarantees are not considered insurance contracts. The bill also outlines the conditions under which these guarantees can be offered and the rights of platform users in case of provider default.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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