Strata manager claims insurance is invalid due to council LEP

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  • 18/07/2017 at 10:52 am #11246 Reply | Quote
    Bowerbird
    Flatchatter

      Our strata manager has declared that the building insurance is invalid if there are short term rentals taking place. So we reluctantly took down our listing on Airbnb. The building is zoned commercial/residential.

      There is a draft bylaw to prohibit so they’re obviously resolved.

      We have a sharecover policy that covers common property and our contents insurance takes care of the rest.

      We have lost a significant amount of income because of this decision as we live between two addresses. 

      I would like to say to the committee that we have insurance that covers common property and since there is currently a moratorium on Airbnb until the state gov has their say, we’re going to relist. Does anyone see a problem with that?

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    Reply To: Reply #27645 in Strata manager claims insurance is invalid due to council LEP
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

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