Real Estate/Development,
Administrative/Regulatory
May 11, 2015
Cities grappling with 'short-term rental scofflaws'
On May 6, San Francisco's city attorney announced a settlement marking the first widely reported resolution of an action against property owners for their use of online short-term rental platforms, like Airbnb.
On May 6, San Francisco's city attorney issued a news release announcing that the city's lawsuit against "short-term rental scofflaws" Darren and Valerie Lee had ended in a settlement, under which the Lees agreed to pay $276,000 to the city.
The Lees were alleged to have used the Ellis Act to evict longtime tenants from their property, which they then rented out on short-term rental websites such as Airbnb, Homeaway and VRBO. Along w...
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