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Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Critics of a New York City law say it acts as a "de facto ban" on short-term rentals. Leaders say the rules are needed amid a housing shortage. New short-term rental rules might make booking ...
In September 2023, NYC began enforcing new regulations — known as Local Law 18 or LL18 — that severely restricted short-term rentals. The goal was to improve affordability by making units ...
“The law has outlived its usefulness ... Zach Wiener said he hopes his family’s story will help raise awareness of the legal shield sometimes provided to short-term rental platforms by Section ...
Treasury Regulations are the tax regulations issued by the United States Internal Revenue Service (IRS), a bureau of the United States Department of the Treasury.These regulations are the Treasury Department's official interpretations of the Internal Revenue Code [1] and are one source of U.S. federal income tax law.
Lexington County Council is considering new rules for short-term rentals on Lake Murray after hearing residents’ horror stories about unruly guests and even criminal activity at rental houses.
The time use of a chattel or other so called "personal property" is covered under general contract law, but the term lease also nowadays extends to long term rental contracts of more expensive non-Real properties such as automobiles, boats, planes, office equipment and so forth. The distinction in that case is long term versus short term rentals.
Boynton Beach's mayor, Ty Penserga, said the rules strike a balance between the rights of short-term rental owners and their neighbors. New rules for short-term rentals are coming to Boynton Beach ...