The proposed NSW laws allow short-term rentals for 365 days a year as long as the host is present. If the host does not reside in the accommodation, short-term rental in Greater Sydney is limited to 180 days. However, this extends over 365 days for real estate in other parts of NSW. Learn more about managing short-term rents in teams on our statutes in your Strata Scheme page. The NSW government is implementing a new legal framework for short-term rental housing (STRA). These include a national planning framework, a binding code of conduct and changes to workplace legislation. The NSW government is also considering the creation of a new stra real estate registry run by the industry. We already have a lot of owners on Cubbi who do the same thing. Question: We have a big player company with a portfolio of more than 12 in our building, which claims to accept residential rental contracts for each short-term tenant they stay in one of their apartments in our building. They have potential short-term tenants who fill out their amended version of a residential lease agreement. This claim that all short-term clients are tenants allowed them to defeat the AD application process.
Will these new laws overcome this loophole? The creation of a clear definition (rental of three months or less) and the removal of STRA from the residential rental system will ensure the safety of the STRA industry, which has so far struggled to fit comfortably into the traditional legal framework that governs housing. Although it is strongly recommended that landlords and tenants deduct the agreement in writing, just because an agreement is fully or partially oral does not mean that it is not legally valid. Oral agreements are subject to the same standard conditions. It is recommended to keep a copy of the agreement to remember your rights and obligations as a landlord or tenant. If you have any questions about the impact of the new code of conduct on your short-term rental housing or if you are looking for information on professional short-term rent management, you can contact our team of real estate experts via the following form: Residential tenancy laws have been amended to clarify that short-term rental units of 3 months or less are not covered by the law. on the rental of accommodation. . . .