Short Term Letting Law Updates 2020
Join our Principal Solicitor Bailey Compton for an in-depth analysis of the Amended Short Term Letting Code of Conduct.
These laws are to come into effect on the 18th of December 2020. Tune-in to find out how you and your business could be affected over what is set to be an extremely busy festive season!
Short-term rental accommodation is a long-standing practice throughout New South Wales, most
commonly associated with holiday letting. Many NSW families spend part of their summers in
coastal and regional communities and those communities may depend on seasonal tourism to
provide a regular boost to the local economy.
Short-term rental accommodation does not involve purely commercial accommodation providers
such as hotels, motels and bed and breakfast establishments. It generally involves residential
dwellings that may also be used by the owners for their own accommodation at times.
In recent years, there has been an increasing focus on the regulation of the short-term rental
industry around the world. In June 2018, the NSW Government announced that there would be a
new regulatory framework to manage short-term rental accommodation. The key elements of the
• a state-wide planning framework to achieve consistency and certainty across local planning
• a code of conduct to apply to online accommodation platforms, letting agents, facilitators,
hosts and guests
• changes to strata laws to allow owners corporations to adopt by-laws that prohibit non-resident lot owners from offering short term rentals
• a mandatory short-term rental accommodation premises register.
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