Posted in Business & Corporate Law,Real Estate Law
Recent legal developments have once again drawn attention to an area that has experienced heated debate and spurred litigation: vacation rentals. “Vacation rentals” are defined by statute as “any unit or group of units in a condominium or cooperative or any individually or collectively owned single-family, two-family, three-family, or four-family house or dwelling unit that is also a transient public lodging establishment but that is not a timeshare project.”
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