Short term rentals can be very tricky in a big city as New York. Today, there are many websites that facilitate booking of short term rentals in New York. The website allows people to list their apartments and homes free of charge.
Although the sites have been operating on their own, they have received support from the city in the recent months in a move to help people whose homes were destroyed by the hurricane sandy. Almost all New York short term rentals depend on these sites to get customers.
While the short term rental industry has been growing over the past few years in New York, the reality is that a large number of these rentals are not legal.
New York Short Term Rental Laws
Every city has its own short term rental laws. Although it varies from one state to another, the rules do not have a big difference. The New York City has made its short term rental laws clear to many. This is so because of the new law that was passed by the city in 2011. According to the law, a rental must be occupied by the owner or a family member for more than 30 days consecutively.
Unless it is a hotel, you will be required to stay in the house for not less than 30 days. If you have a family, you can bring them in to occupy the apartment as your own guests. But the law says that you cannot rent the apartment to anyone for less than 30 days.
What You Need to Know About Short Term Rentals
It does not matter whether you are looking for a short term vacation rental or short term rental for your business trip. Here are the things you need to know about short term rentals.
- When? If you are always travelling from one place to another as a requirement for your job or you just love going for vacations then short term rentals are the best option you can choose. Avoid hotels.
- Why? While you may not be offered free room services and breakfast when going for a vacation or business trip, the benefits can often give you the advantage of choosing a short term rental over hotels.
- What they offer. It is important that you consider the location, pricing and other extras being offered.