The Impact of Airbnb in Community Associations (FL)

The rise of Airbnb has been credited with an increase in unwanted guests in HOA communities. Many condominium bylaws restrict or regulate the ability to lease a condominium unit. The Federal Housing Administration’s Condominium Project Approval and Processing Guide requires that at least fifty-one percent of units be owned by owner-occupants. However, the advent of technological platforms (such as Airbnb) have resulted in an increase in short-term occupancies typically associated with hotels as opposed to the landlord/tenant relationship.   Read the entire article……………………………….