Another example of the 75% rule

4 viewsover 1 year ago0m 58sScore: 70

BNB UNI

Regulations & Compliance
intermediate
Local Regulations
Airbnb
HOA

Summary

The host shares a story about managing a cliffside penthouse that the owner wanted to keep on Airbnb. However, the other residents were not in agreement. After a process of warnings, the homeowners passed a bylaw that required 75% of the owners' approval for something to happen. Although, the owner and host were eventually sued, they made plenty of money delaying the process.