Short-Term Condominium Rentals

Short-term rental condominiums operated through online companies like AirBnB and VRBO are becoming an increasingly popular choice for travellers and condominium unit owners alike. Travellers appreciate the sense of home, convenience, affordability and amenities that a privately owned condominium provides, while condominium owners are able to capitalize on their properties to a much greater extent than conventional long-term rentals. However, many condominium corporations do not want their properties being used for temporary, hotel-style accommodations, and they are starting to implement regulations to prohibit condominium owners from operating their units in this fashion. Occasionally, condominium boards are even pursuing legal remedies in court.