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On January 9, 2022, New York City adopted Local Law 18, also known as the Short-Term Rental Registration law. This law will go into effect on January 9, 2023. The law requires short-term rental hosts to register with the Mayor’s Office of Special Enforcement (OSE). Booking service platforms (such as Airbnb, VRBO, Booking.com, and others) will be prohibited from processing transactions for unregistered short-term rentals.
The law limits registration to a person that is the permanent occupant of a unit of housing and prohibits granting registration for certain types of units, such as rent-regulated and NYCHA units.
The law also requires OSE to deny registration requests for buildings on a prohibited buildings list, which will be created by owners who notify the OSE that short-term rentals are not allowed in their buildings. The process to get your Co-op/Condo on the prohibited buildings list is still a work in progress.
The law does not change which short-term rentals are legal or illegal, but registration applicants will be required to confirm that they understand and will comply with laws governing housing, and will be required to host only legal short-term rentals, specifically stays for no more than two guests and hosted in the unit the host lives in.
See the link for the text of the Local Law:
Chapter 31: Registration Requirements for Short-Term Rentals (amlegal.com)
Please feel free to contact us for this or any other legal question before your Board.
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