Renting out your apartment on daily basis is known as transient use of your property. It maybe a common thing now days, especially with proliferation of apps like AirBnB. However, not many app users and landlords understand why local laws, municipalities, or even condo associations are agains it. Most landlords understand it, but do it anyway, because it’s a lucrative business.
Transient use of residential properties is illegal in many cities because it can have negative impacts on the community, such as reducing the availability of housing for permanent residents, increasing noise and traffic in neighborhoods, and disrupting the social fabric of residential areas.
In many cities, zoning codes and other regulations restrict the use of residential properties for commercial purposes, including short-term rentals on platforms such as Airbnb. Violating these regulations can result in fines, penalties, and legal action.
The types of violations you can receive for renting your apartment on Airbnb or other platforms depend on the specific regulations in your city or jurisdiction. In some cases, you may receive a warning or a fine for a first offense, while repeat offenses can result in steeper penalties or even criminal charges. In New York City, for example, a daily penalty in the amount of $1000 is imposed. Additionally, your guests may also be subject to fines or other penalties if they violate local laws or regulations during their stay. Finally, local commissioner may issue an order to fully vacate the property, giving high fines for violating the order.
It’s important to check the regulations in your city or jurisdiction before renting out your property on Airbnb or other platforms to avoid any legal issues. However, if you did received a complaint or if it did resolved into violations, as there are several they issue at that time, then you can hire building violation professionals to provide a redemption.
A redemption from violations of occupancy, from illegal use, and subsequent hazardous violations for fire prevention that are issued at the time of inspection can be resolved with proof that illegal use had been ceased. This allows a building violation professional to call for an inspection to lift the order to vacate.