Prohibition of Short-Term Rental Accommodation By-Law Template

$147.00

Short-term letting (accommodation arrangements for less than 3 months) can place strain on a residential strata building’s common areas and facilities and significantly impact the peaceful enjoyment of other residents. NSW strata buildings can legally adopt a by-law preventing lot owners from short-term letting their units where the unit is not the owner’s principal place of residence.

This template by-law:
  • defines “Short-Term Rental Accommodation Arrangements”
  • defines “Principal Place of Residence” (adopting the Land Tax Management Act definition)
  • prohibits owners from entering into short-term rental accommodation arrangements where the lot is not their principal place of residence
  • provides a regime of enforcement and costs recovery for the strata committee to follow

The template by-law is provided in editable Word format so that you can download, adapt and adopt to suit the specific needs of your building.

The template reflects and incorporates the new provisions of section 137A of the Strata Schemes Management Act 2015 (NSW)

Category: Tag:

Description

For buildings wanting to prevent investor-owners from short-term letting their units: this template reflects the new provisions of section 137A of the Strata Schemes Management Act 2015 (NSW)

Template snapshot:

Reviews

There are no reviews yet.

Be the first to review “Prohibition of Short-Term Rental Accommodation By-Law Template”

Your email address will not be published. Required fields are marked *

Menu