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Posted 22 March 2019
The NSW Government has announced a new approach to short term lettings, including those negotiated through AirBnB and similar online services. These are to be subject to restrictions and regulation. This seems to have been driven by concerns that:
The changes are to be made by way of amendments to the Fair Trading Act 1987. A bill was passed by the Legislative Assembly and introduced to the Legislative Council on 20 June 2018. Legislative Council amendments are possible and draft regulations are not yet available, so the position may change. As presently framed, the new rules:
The main provisions are:
The Government has also announced its intention to introduce new planning laws in coming months, providing for:
We have considerable experience with these issues and can assist you if you are having difficulties with the amenity of your strata scheme or the letting of your strata lot.
***The information contained in this article is general information only and not legal advice. The currency, accuracy and completeness of this article (and its contents) should be checked by obtaining independent legal advice before you take any action or otherwise rely upon its contents in any way.