Airbnb is one of the hottest startups around – the website allows homeowners to rent rooms or entire dwellings by the night. Many condo buildings are beginning to realize that unit owners are renting their rooms and bringing transients into the building one night at a time.
Airbnb and similar sites have safety measures in place to rate renters and ensure some level of safety and civility. However, the thought of increasing short term rental activity has many condo boards up in arms.
AssociationProtection.com reminds condo boards to enlist a knowledgeable attorney before amending bylaws or taking actions to limit rental activity.