Yes, hosts should take whatever added steps they believe are necessary or appropriate to promote safe and responsible bookings and protect their property while still providing an enjoyable experience for their guests. Hosts are allowed to require a refundable day-of security/damage deposit from guests.
At this time, Peerspace does not support processing these deposits through our online and mobile applications. Provided there are no damages to the space, the deposit would then be returned to the guest in person at the end of the booking. For these reasons, do not charge a security deposit as an add-on.
While most hosts do not collect a security deposit, if you would like to require one, it must:
- be clearly stated in your listing's Host Rules section
- include the monetary value
- include the method of collection (check, PayPal, etc.)
Remember that by booking through Peerspace, guests agree to cover in full any damages that they or their invitees cause during the booking. Any incidents during a booking will be resolved through Peerspace’s Dispute Resolution process. If a security deposit was collected, you will be asked to provide supporting evidence of it.
Hosts may also choose to request reimbursement for eligible property damages under our Property Damage Guarantee. Please note: you may not submit a reimbursement request for damages you have collected or plan to collect via your own security deposit, as this represents a violation of the Peerspace Services Agreement.
For more information on security deposits, please see our Terms and Conditions.