VRBO

4 Nov 2009

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Vacation Rentals By Owner indexes thousands of rentals around the world. You can find cottages, condos, and second homes in locations from rustic to urban settings. Prices range from $400 a week for a tiny rustic cottage on Lake Michigan to $4000 a month and up for amenity-laden houses on the Pacific coast. Most of the locations sleep anywhere from 4-20 people, making the cost of rental astoundingly low for a family or group of friends.
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Tags: condos, Lake Michigan, owner, Pacific, pacific coast, Rentals, urban settings, Vacation, vacation rentals by owner, week, world

1 Response to VRBO

jmac

February 9th, 2010 at 3:51 pm

Take Care and get professional advice. For short term rentals you would be ok I think BUT if you are offering a service that could be classified as a Rental List then the penalties for getting it wrong are huge. "Rental companies or anyone who advertises rental property information or lists in any manner is acting as a broker or broker's representative and is subject to the laws regulating licensed occupations" (Florida Real Estate Principles, Practices and Law – Crawford).

The Florida Statute 475 covers this in full and is available at http://www.myflorida.com.

Its a first degree misdemeanour and the maximum penalty for this is a fine of $1000 and/or imprisonment of up to one year! Of course if you're doing this without a license then all the penalties for that would also apply.

On a more practical side, there are hundreds of sites offering this service for very little money as well as thousands of individual sites offering vacation rentals – are you sure this is a good idea in an extremely competitive business?

Not to pour water on you fire but I'd look very carefully at your business model and wish you every success.

Reply – http://www.myflorida.com.\r\n\r\nIts a first degree misdemeanour and the maximum penalty for this is a fine of $1000 and\/or imprisonment of up to one year! Of course if you're doing this without a license then all the penalties for that would also apply.\r\n\r\nOn a more practical side, there are hundreds of sites offering this service for very little money as well as thousands of individual sites offering vacation rentals – are you sure this is a good idea in an extremely competitive business?\r\n\r\nNot to pour water on you fire but I'd look very carefully at your business model and wish you every success.’); return false;”>Quote

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