New regulations for AirBnB’s and short-term rentals are now in effect.
They include annual fees, registration requirements and penalties for owners who don’t comply.
Housing Minister John Lohr says the new regulations are intended to take stress off of the housing crisis so that more homes can be built.
“Nova Scotians need housing. We know many houses and apartments that could potentially be long-term homes are being rented short-term,” said Lohr. “We’re working to get more homes built. In the meantime, these changes will help address the urgent need for housing now.”
New Regulations
- All tourist accommodations and short-term rentals will be required to provide supporting documentation such as proof of compliance with municipal bylaws and, where applicable, written consent from the property owner(s) or condo board, and proof of primary residence.
- Annual registration rates range from $50 to $2,000 per unit depending on the accommodation type and location; higher rates apply to short-term rentals in areas where the need for housing is greater.
- Unregistered or non-compliant short-term rental operators may be subject to fines up to $100,000.
Short-term rental operators like Airbnb and VRBO will also be required to register with the province as well.
There are more than 7,000 short term rentals registered in Nova Scotia.
-with files from Evan Taylor
