Short-term letting: an update on changes relating to strata schemes
In September 2017 we published an article about the uncertainty that had arisen by amendments to the Strata Living Handbook published by NSW Fair Trading dealing with an owners corporation’s power to make a by-law to prohibit or restrict short-term letting. Thereafter, there was one case by the NSW Civil and Administrative Tribunal that held such a by-law to be invalid, although that decision did not canvas all the relevant issues and there was still much uncertainty. On 10 April 2020 new laws came into effect that now clarify the position.
For more on this, see our article.
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