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I am looking to buy a condo to use for airbnb. The problem

Customer Question
is most condos don't allow...
I am looking to buy a condo to use for airbnb. The problem is most condos don't allow leasing your apartment for less than 30 days. how are so many people using airbnb in condos with that bylaw? Is it a loophole since nobody is signing a lease? Are they just considered guests?
Submitted: 1 year ago.Category: Real Estate Law
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Answered in 27 minutes by:
10/28/2016
Real Estate Lawyer: Law Educator, Esq., Lawyer replied 1 year ago
Law Educator, Esq.
Category: Real Estate Law
Satisfied Customers: 119,436
Experience: Licensed attorney practicing landlord-tenant, land use and other real estate law and litigation.
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Thank you for your question. I look forward to working with you to provide you the information you are seeking for educational purposes only.
Most people are quite simply violating the bylaws and taking the chance they will not be reported. However, if you are caught the condo association can sue you for violating the bylaws. Even if nobody is signing a lease, it would still be a violation if the association. You cannot just claim they are guests, that takes just one neighbor to talk to them when they are staying in the unit and that would be uncovered. You would need to try to find a unit that has less strict bylaws or you face a problem if you are uncovered.
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Law Educator, Esq.
Law Educator, Esq.
Law Educator, Esq., Lawyer
Category: Real Estate Law
Satisfied Customers: 119,436
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Experience: Licensed attorney practicing landlord-tenant, land use and other real estate law and litigation.

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