Is Airbnb Destroying Strata Living? (Australia)

In Victoria, the Supreme Court handed down a decision on July 22 declaring that neither subdivision law nor strata legislation enabled owners corporations in that state to make rules which prevent owners of individual apartments from leasing out their apartments on a short-term basis. A bylaw implemented in 2004 by the owners corporation at the Watergate apartment complex in Melbourne’s Docklands apartment precinct which attempted to ban stays of less than 30 days in duration was thus invalid, Riordan ruled.     Read the article………….


Related Articles

Why a Loan is (Sometimes) a Good Idea for Your Homeowners Association

Your association board is planning for the big project on the horizon, and is currently reviewing how to finance it.

Singapore: Condos turn to by-laws as Govt mulls over rules on short-term home rentals

Unhappy with the sheer volume of tourists rotating through their condominium for short stays, the management committee of The Sail@Marina

Don’t Cut Cost Corners: Putting Off Expenses Can Cause Your Building Big Problems

Small co-ops and condos face a special set of challenges relative to controlling expenses. The building has to be heated,