California’s Hotel and Private Residence Rental Reservation Refunds Law Is Now in Effect

Real Estate attorneys Stacie Goeddel and Samara Harris co-authored an article for The Real Estate Finance Journal discussing a new hospitality law in California. The Hotel and Private Residence Rental Reservation Refunds Law mandates hotels, third-party booking services, hosting platforms and short-term rentals to refund customers if they cancel their reservation at least 24 hours after they've received confirmation. However, the attorneys explain, the cancellation must take place at least 72 hours before the allotted check-in time. Read the full article below for more details on the exceptions and specifics of the legislation.

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