If you’re planning to go on vacation anytime soon, you’d be a fool not to check out Airbnb for a place to stay. Known as one of Silicon Valley’s biggest startup success stories, Airbnb has changed the vacation rental game by allowing homeowners (or pseudo-homeowners) to rent their room, their house, their apartment, or even their boat, to guests at a surprisingly low cost.

Popular though it is, Airbnb is not without controversy, especially considering the legality of subletting apartments not owned by the site’s hosts, as well as liability issues when a guest ransacks a host’s space. To clear things up once and for all, here are the eight most important provisions of Airbnb’s terms of service.

Tags: airbnb, lawsuits
Photo Credit: A note left to an Airbnb guest in Berlin. Erno Hannink / Flickr.com