Insight
A real-estate investor was fined $180,000 for allegedly violating regulations related to short-term rentals.
A real-estate investor accused of running an Airbnb was fined $180,000. He says his tenant is to blame for renting it out.
Summary
A real estate investor was fined $180,000 for an alleged Airbnb violation, blaming their tenant. Hosts should be aware of potential liability related to their tenants' actions and review their agreements accordingly to avoid potential penalties. Ensure your lease agreements address short-term rental activities.
Key takeaway