Question: I am considering renting my condo in Sarasota, Fla., via Airbnb. Are there any rules/regulations/laws I should be aware of?
Thank you, Megan, Sarasota, Fla.
Answer: You should be aware of any current restrictions in the documents that might be used to restrict short-term rentals. Assuming the association is fine with short-term rentals, you should make sure you have the proper premises liability coverage and also take certain steps to inform your short-term rental guests about safety precautions and association rules. Many Airbnb host owners forget that their guests will treat their home like a hotel room, which usually means much more wear and tear on the unit and the common elements as well as often riskier behavior including the use of flammable material.