Adjust cancel booking period

Is it possible to adjust the maximum days to cancel a reservation?

Thanks!!

Currently there’s no such option - users can cancel the booking anytime, but it’s up to the host whether to make a refund or not (depending on their terms), if you allowed refunds then hosts can control this. Canceling booking anytime may be useful to free the dates or time slot, even 1 day before the booking - maybe someone books this slot instead.