Mount Pleasant agrees to nearly $500K settlement in suit against Airbnb and VRBO - Post and Courier
Summary
Mount Pleasant, SC reached a nearly $500,000 settlement in a lawsuit against Airbnb and VRBO. This settlement potentially relates to regulations or compliance issues regarding short-term rentals. Hosts should stay informed about local regulations and compliance matters.
Key Insights
- •Mount Pleasant agreed to a nearly $500K settlement in a suit against Airbnb and VRBO.
Action Items
- ✓Hosts should stay updated on local regulations that may impact their STR operations.Effort: lowImpact: medium
Common Mistakes
- ⚠Hosts risk fines or other penalties if they are not in compliance with local regulations. Details of the settlement and the underlying regulations are not given, but that is the potential risk.
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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