Airbnb Fights To Stay Alive in NY After Cuomo Makes Short-Term Leases Illegal - Bloomberg.com
Summary
This article discusses the legal challenges Airbnb faced in New York after regulations made short-term leases illegal. Hosts in New York City need to stay informed on local regulations to remain compliant and avoid penalties.
Common Mistakes
- ⚠Hosts who violate regulations regarding short-term rentals face potential legal challenges and may not be able to continue operating their business.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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