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Airbnb Friendly Buildings Program – Update

Toronto Condo News
Publication date:
June 25, 2019
Article Summary: 

Airbnb has revised their Friendly Buildings Program to make it more attractive to condominium corporations whose declarations permit short-term rentals. The program provides better security, control and compensation for costs from guest traffic. Buildings can monitor short-term rental activity with access to hosts, guests and dates, and guests provide government-issued identification. A portion of rental revenue can be shared with the condominium corporation, liability insurance is extended to cover common areas, and hosts pay $50 per month for building upkeep. Management has the option of viewing and approving each host's listing before it goes live on the site.


Short term rental, Airbnb, Airbnb friendly buildings, Airbnb friendly buildings program, building management, condominiums, condo management

Source Citation: 
Toronto Condo News
Airbnb Friendly Buildings Program – Update
June 25, 2019
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