As from 10 April 2020, strata laws in NSW were
amended to help assist owners corporations manage short-term rental
accommodation in their building through platforms such as Airbnb
and Stayz.
It is now possible for owners corporations to pass new by-laws
which limit short-term rentals within their building or complex.
Any such by-law will need to be adopted by special resolution, with
at least 75% of votes supporting the proposal.
Importantly, short-term rentals can be prohibited if the
property is not the principal residence of its owner. However, if
the owner lives in the property then they will still be able to
rent out their property (or parts of it), or while they travel.
Legal obligations of parties to permitted short-term
rentals
