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Posted 07 September 2018
The NSW Government has passed the Fair Trading Amendment (Short-term Rental Accommodation) Act 2018 (“Act”), which is expected to commence in 2019 and which implements a new approach to short term lettings, including those negotiated through Airbnb, Stayz and similar online services. Some aspects of the new laws are not yet clear, as the regulations and code of conduct contemplated by the Act have not yet been released and as associated changes to planning laws have not yet been made. However, this much is already clear:
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.