Body Corporate Rules on Short-Term Letting (Airbnb)
Many sectional title schemes have updated their rules to address short-term letting platforms like Airbnb. The body corporate has the right to enforce rules regarding short-term rentals, including banning them altogether or imposing specific conditions for owners who wish to rent their units on a short-term basis.
Key Considerations
- Written consent from the body corporate is required.
- Short-term letting may be prohibited or allowed with strict conditions.
- Special levies may be charged to cover the increased wear and tear from short-term guests.
For more information, check out the Sectional Titles Schemes Management Act (STSMA): STSMA No. 8 of 2011.
24 Oct 2024
Author Slate Volschenk