rent out property

An NYC Airbnb Racked Up $1 Million in Fines. New Rules Would Block the Listing

13/03/2023dansa

(Bloomberg) — The two-story brick house in Flushing, New York, is a million-dollar home, but perhaps not in the way the owner intended.

Just off of Main Street in a residential neighborhood in Queens, not far from a car wash, a pharmacy and a T-Mobile store, the home has old newspapers on the door partially obscuring a yellowing notice from New York City’s Department of Buildings and a sign warning that security cameras are watching.

According to public records, the house has been used as an illegal Airbnb rental property and people have been living in the attic and basement. It has been on the city’s radar for years, accumulating violations, complaints from neighbors and an order to vacate a portion of the house that was illegally occupied, the city’s filings show. In 2021 alone, the homeowner racked up $984,000 in defaulted penalties, none of which have been paid, a Bloomberg calculation based on city records shows. The same filings show it accumulated more fines than almost any other illegal Airbnb property in 2021, the latest year of data available, by a large margin, accounting for about 11% of all fines issued for the entire year.

But it’s far from

Does the DLD’s rent valuation supersede Rera’s index?

14/02/2023dansa

An embedded image that relates to this article

Questions: My landlord is demandinga 54 per cent increase in rent for his property in Dubai during our tenancy renewal, while the Real Estate Regulatory Agency (Rera) index shows that no rent hikes are allowed.

I forwarded the Rera index findings to the landlord and asked him to adjust his rent proposal in line with it.

He declined and instead said the rental valuation certificate from the Dubai Land Department (DLD) was the standard.

I visited the DLD and Rera offices. They advised me to reiterate to the landlord that rental valuation certificates (issued by the DLD) are for vacant properties and do not trump law 43 or the Rera index, which applies to rented properties.

We communicated this to the landlord on October 25. We have still not heard from him, despite numerous reminders.

We are now wondering what our next step should be, given that we are now within the 60-day window as our rental contract expires on January 24.

Are we in danger of being kicked out if we don’t agree to the landlord’s demands, since he appeared to be ignoring us for almost two months?

Should we file a case at the Rental Dispute Settlement

Applications for short-term rent are now open

27/01/2023dansa

Interested individuals should submit an application form online, along with written approvals from the Building Division, Fire Services, and Finance Division

Want to rent your home on a short-term basis? You can now register your property on the city’s website to qualify for short-term rent.

Interested individuals should submit an application form online, along with written approvals from the Building Division, Fire Services, and Finance Division.

For more information, read the news release below:

Applications are now available for those operating short-term rental properties. Short-term rentals like Airbnb, VRBO, etc., offer alternative accommodations for tourists, larger groups, and medium-term occupants. The unit or part of a unit is rented out for less than 28 consecutive days. The application process and guidelines aim to optimize the host and occupant experience while mitigating potential negative impacts on the environment. The process to register a short-term rental property is as follows:

Complete the application form online at saultstemarie.ca/str. Written approvals from the following departments are required in the order below:

Building Division – conducts an on-site inspection to ensure applicable zoning, property standards and Ontario Building Code compliance. Fees: $258.22. Contact [email protected] or phone 705-759-5410.

Fire Services – conducts an on-site