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ARTICLE · 07 JULY 2018

The AirBnB reform package – How will it affect you?

Coleman Greig Lawyers
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The reform package clarifies whether an owner's corporation can prevent short-term letting of a residential property.

AustraliaReal Estate and Construction
Dean Claughton
Dean Claughton
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In recent weeks, the NSW Government has proposed the Fair Trading Amendment (Short-term Rental Accommodation) Bill 2018 (Airbnb Reform Package). The introduction of the reform package aims to clarify whether an owner's corporation can impose a by-law preventing short-term letting of a residential property.

In light of the introduction of this Bill, it is important to consider the Reform Package's possible effects on you, whether you are a host of, or a neighbour to short-term rental accommodation.

Current Law

Currently, Section 139 of the Strata Scheme Management Act NSW 2015 ('The Act') restricts an Owners Corporation's ability to adopt by-laws. The restrictions imposed by section 139 results in by-laws that cannot:

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