The Business of Nightly Rentals
As the summer tourist season approaches, many people are becoming interested in the prospect of renting out their homes, or rooms in their homes, on a short-term basis (such as weekends, holidays, etc.). These types of rentals have become increasingly popular since the advent of online property rental services, like Airbnb and Homeaway.
While this may be a great way to make some extra money, there are often a number of legal requirements to consider, such as planning and zoning regulations.
Accidentally failing to comply with these regulations could potentially result in a number of consequences, including financial penalties.
If you are considering renting out your property on a nightly or short-term basis, we are equipped to assist you in navigating these requirements.
*This article is intended for information only and is not intended to be construed as legal advice. The choice of a lawyer is an important decision and should not be based solely upon advertisements.