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Displaying items by tag: short term rental insurance

On December 21, 2018, Massachusetts Governor Baker signed a statute requiring registration and taxation of short-term rentals of residential properties in the state which must be a period of less than thirty-one consecutive calendar days. The following is a snapshot of the new law and how it affects those who rent rooms or properties through websites such as Airbnb, VRBO and others. 

"…an owner-occupied, tenant-occupied or non-owner-occupied property including, but not limited to, an apartment, house, cottage, condominium or a furnished accommodation …where: (i) at least one room or unit is rented to an occupant or sub-occupant; and (ii) all accommodations are reserved in advance…"

Published in Homeowners

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