Creating Condo Association Policies for Short-Term Rentals
Short-term rentals, powered by technology companies like Airbnb and VRBO, are shaking up the Condo Association industry. Their easy to use platform is making it such that Owners can easily – and often illegally – rent out their property to short-term vacationers for big dollars, despite most Association Bylaws prohibiting short-term rentals. This is causing havoc in a number of Associations for these flagrant rules violations. However, in parallel, some jurisdictions are starting to legalize and embrace short-term rentals, further confusing the issue. The result is that your community may want to consider creating Condo Association policies for short-term rentals to get ahead of the curve. Read the article…………..
Part of the fun and reward of serving on the board of your homeowners association is getting the opportunity to
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