tenancy notifications and short term stays

Some years ago I was asked to advise a Body Corporate about restricting holiday letting. The building was a little over a year old and was marketed and sold as a residential only beachside tower. One of the 30 odd owners started to advertise their lot for holiday lets. The committee was concerned to “stop the holiday rental rot” before it began.

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by Michael Kleinschmidt, 17 November 2011, Republished 13 October 2014