SUMMARY OF FEES (see below for details)
Owner’s Fee (Commission)= 3% of Subtotal Price
Renter’s Fee (1-13 Nights) = 13% of Subtotal Price
Renter’s Fee (14+ Nights)= 10% of Subtotal Price
OBO is committed to providing absolute transparency regarding the assessment and collection of Fees and Taxes. For more information on how payments and payouts work, see OBO’s Terms and Payment Terms.
This is the Fees and Taxes Policy of Outdoors by Owner, Inc. (for convenience, hereinafter “OBO”). This Fees and Taxes Policy is incorporated by reference in OBO’s Terms and Conditions. A violation of this Policy will be deemed a violation of OBO’s Terms. Any capitalized word used herein which is not defined, shall have the same meaning set forth in OBO’s Terms. Any Modification to this Policy will be promulgated pursuant to OBO’s Terms and Payment Terms.
DEFINITIONS:
OBO Service Fee: The Service Fee is what OBO charges Owners and Renters. This fee allows OBO to operate our business, provide customer support, and continue to improve the OBO Suite. Because OBO is committed to providing a smooth and transparent experience for Users, we also include our Third Party Providers’ (Stripe and Paypal) payment processing fees in the Service Fee.
Nightly Rate: The amount charged by the Owner for the Owner’s Services for one night in the Accommodation.
Other Fees: These are amounts charged by Owners in addition to the Nightly Rate. These may include reasonable cleaning fees, pet fees, and fees for additional guests staying in the Accommodation beyond the number of guests included in the Nightly Rate. All Other Fees must be clearly published by the Owner in the Listing.
Taxes: Taxes, for the purposes of Bookings, are the total of any state and local taxes applicable to the Booking. Depending on your jurisdiction, these Taxes may be called sales and use tax, lodging tax, occupancy tax, bed tax or any other accommodation based tax or fee. OBO endeavors to account for all applicable taxes at the time of Booking, but Owners are responsible for ensuring that the appropriate taxes are assessed. OBO may collect and remit all or a portion of the taxes owed per booking, depending on the laws of the jurisdiction and\or any contractual agreement OBO may have with any particular jurisdiction.
Subtotal Price: The Subtotal Price is: (Nightly Rate x Number of Nights) + Other Fees.
The Subtotal Price does not include the Service Fee or Taxes.
Total Price: The Total Price is the total amount a Renter will pay for a Booking. The Total Price is: Subtotal Price + Service Fee + Taxes.
RENTERS’ SERVICE FEE (1-13 NIGHTS): 13%
Renters utilizing the OBO Suite are subject to a Service Fee of thirteen percent (13%) of the Subtotal Price for stays of thirteen (13) nights or less.
RENTERS’ SERVICE FEE (14+ NIGHTS): 10%
Renters utilizing the OBO Suite are subject to a Service Fee of ten percent (10%) of the Subtotal Price for stays of fourteen (14) nights or more.
OWNERS’ SERVICE FEE (Commission): 3%
Owners utilizing the OBO Suite are subject to a Service Fee of three percent (3%) of the Subtotal Price. Owners must register and maintain a Payout Method that is compatible with OBO’s Payment Services.
TAX COLLECTION AND REMITTANCE:
OBO may collect and remit all or a portion of the taxes owed per booking, depending on the laws of the jurisdiction and\or any contractual agreement OBO may have with any particular jurisdiction.
Regardless of the amount of Taxes collected at the time of Booking, Owners are responsible for all Taxes owed to taxing authorities, where such taxes are not the legal obligation of OBO. If you have any questions about tax collection and remittance for your jurisdiction(s), please email [email protected] to learn about our policy and consult your tax professional with the information provided. OBO does not provide tax advice or guidance.
