Two years after Chicago passed a home-sharing law, only Airbnb has a license, and hosts say rules are too complicated - Chicago Tribune

Airbnb Host Fines
Published: May 6, 2018
Regulations & Compliance
Chicago, IL

Summary

This article discusses the complexities of Chicago's home-sharing law two years after its implementation. It highlights that only Airbnb has a license, and hosts are finding the regulations challenging. Hosts should be aware of local regulations and ensure they comply to avoid potential issues.

Key Insights

  • Two years after the home-sharing law was passed, only Airbnb has a license.
  • Hosts are saying the rules are too complicated.

Action Items

  • Hosts in Chicago should familiarize themselves with the city's home-sharing regulations.
    Effort: low
    Impact: medium

Common Mistakes

  • Failing to comply with local regulations could lead to fines or other penalties, although the specifics of those are not mentioned in this article.

Related Videos

More from Regulations & Compliance

Council OKs short-term rental amendments - Glen Rose Reporter

This article reports on amendments to short-term rental regulations approved by a council. While specific details aren't provided, it suggests changes are taking place at the local level. Hosts should stay informed about local ordinances to remain compliant with the latest rules.

about 10 hours ago75
A wealthy Bay Area town passed an Airbnb ban. It might not even work. - SFGATE

A wealthy Bay Area town implemented an Airbnb ban, raising questions about its effectiveness. The article suggests this ban might not succeed. It highlights potential loopholes and challenges in enforcement, implying the ban could face difficulties in controlling short-term rentals.

about 12 hours ago75
Del Mar council approves short-term rental fees - San Diego Union-Tribune

The Del Mar council has approved new short-term rental fees. This action will directly impact hosts operating in Del Mar, potentially affecting profitability and operational costs. Hosts should prepare for adjustments related to these newly implemented fees.

about 16 hours agoDel Mar, CA85

Curated by Learn STR by GoStudioM