Risky Business – Condominiums & Short Term Rentals
The short term condominium rental market is not a new fad or phenomena. It has been around for decades in North America and given the popularity, it is likely here to stay. With the unprecedented growth of condominiums particularly in the Greater Toronto Area (GTA), the demand and competition for such product is getting very aggressive. Everyone seems to have an opinion on short term rentals: good; bad; and sometimes ugly.
- What is the law in your jurisdiction?
- What should you do to manage this risk?
- What risks do Boards and property managers face? Why is this a problem for condominium communities?
Learn the answers to these questions and more in our white paper
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