Glossary
Terms, definitions and explanations about managing and sharing a second home — from co-ownership and rental to maintenance and insurance.
An ownership arrangement where two or more people own a second home together and share use, costs, and responsibilities.
A written agreement between co-owners of a second home that governs usage, finances, maintenance, and potential sale.
A system for distributing usage time among co-owners, typically through lottery or priority-based systems.
A second home owned by a company, used by employees for recreation, team building, and client entertainment.
A structured list of tasks to be completed on arrival, departure, or during maintenance of the property.
A collective maintenance day where everyone sharing the property contributes with hands-on work — a Scandinavian tradition.
Procedures for winterizing or shutting down a second home at the end of the season — water, electricity, heating, and security.
An overview of important contacts for the property — plumber, electrician, caretaker, key holders, and emergency numbers.
The traditional logbook at a cabin — digitalized to preserve memories, experiences, and practical information.
A second home inherited by siblings or family members, used and managed collectively.
An overview of all equipment, furniture, and items at the property.
Automatic synchronization of the booking calendar with external calendars like Google, Apple, Airbnb, and Booking.com.
Renting out a second home for short periods, typically through platforms like Airbnb and Booking.com.
Insurance that covers damage to the building, contents, and liability for a second home.
Procedures for preparing a second home for use after an extended closure — water, heating, cleaning, and inspection.
End-to-end administration of a second home — booking, finances, maintenance, communication, and guest management.