SHORT TERM RENTAL LAWS NYC
So you want to know about the laws of renting an apartment in new york city for less then 30 days?
You are a landlord or a tenant and you want to rent out your apartment to make a couple more bucks?
You are strapped for cash and you are willing to let people stay in your apartment for a couple of nights?
Well here are the laws that were set fourth on May 1st, 2011 and have not yet been changed.
: http://www.nyc.gov/html/dob/downloads/pdf/NYS_chapter_225.pdf – This is a link where you can read all the legal jargon that some lawyers written up about what is legal and what is illegal about renting out your apartment to someone else with you there or not.
SHORT TERM RENTAL LAWS NYC:
As you should know this past october was a bad month for all of the Short Term Rental tenants, landlords, website owners and more as the Attorney General of new york city asked Airbnb to hand over data of 225,000 people who are allowing people to stay at their apartments JUST through Airbnb.com alone. The state is saying that AT LEAST 15,000 out of the 225,000 people renting out their nyc apartments are breaking the laws of short term rentals and are Illegally renting out their nyc apartment.
The only people who are legally renting out their apartment are the ones who are legally renting out there apartment to a “roommate”which means that the host, landlord, or current tenant is there while someone else comes and stays at the apartment. You should know that even though this is Legal in New york city it is still considered loophole and your landlord might not allow you to do this which means he can still kick you out of the building.
To go forward this definitely check your contract you signed when you originally leased the apartment. IF you are still confused then reach out to the management company of your building or the landlord directly if you have there contact information.
WHAT CAN HAPPEN IF YOU DO NOT FOLLOW THE RULES:
- Renters and co-op owners can be evicted.
- A Tenant who gets caught by landlord doing a short term rental can be kicked out of his or her apartment.
- Your neighbors might not like that you are running a “Notel” out of your apartment and they might complain about what you are doing to the landlord or to the state.
Aside from what can happen legally to you you should consider what would happen Morally – There is a very good chance you would get bed bugs. Although if you would use a service like ours we would clean your sheets before and after tenant would come. You would also get a free maid service if you were to rent out a short term rental thorough us if you rent for three months or more.