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What happens if the spot owner cancels your reservation after you have already paid?

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About 312Spot

312Spot is a peer-to-peer parking marketplace that connects drivers with private driveways, garages, and deeded parking spaces across Chicago in real time. Drivers can browse a live map of available spots, book and pay for time periods through the app, and receive directions to the selected location. Spot owners can list their private parking spaces by providing photos, pricing, and availability, with reservations processed instantly. Payments are handled through Stripe, and the platform charges a flat 20% fee on bookings, allowing owners to keep 80% of the revenue. The service focuses exclusively on private parking spaces and does not involve public street parking.