Short Stay Accommodation & Management in Tasmania
As short stay accommodation becomes increasingly popular in Tasmania, there are requirements and exemptions to be aware of for those who are currently managing or looking to manage short stay properties.
An exemption to the Property Agents and Land Transactions Act 2016 (the Act) exists for those managing short stays and is set out in the Property Agents and Land Transactions Regulations 2017 as:
As short stay accommodation becomes increasingly popular in Tasmania, there are requirements and exemptions to be aware of for those who are currently managing or looking to manage short stay properties.
An exemption to the Property Agents and Land Transactions Act 2016 (the Act) exists for those managing short stays and is set out in the Property Agents and Land Transactions Regulations 2017 as:
43. Exemption from application of Act
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(2) A person who acts as a property manager is exempt from the application of the Act if all property managed by the property manager is only leased or let for a period of 90 days or less.
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(2) A person who acts as a property manager is exempt from the application of the Act if all property managed by the property manager is only leased or let for a period of 90 days or less.
What does this mean for me?
This exemption means that if all property being managed by a business are leased or let for a period of 90 days or less, then the business is not required to be licensed and named in the Property Agents Board's register to undertake functions. This exemption in turn applies to the staff employed by the business, meaning they do not need to hold a current licence to manage short stay accommodation.
Should any property that is managed by a business be leased for more than 90 days, then the business and all of it's staff undertaking property management functions must be licensed. The requirement to be licensed extends to staff whether or not the properties they are managing are leased for less than 90 days.
This exemption means that if all property being managed by a business are leased or let for a period of 90 days or less, then the business is not required to be licensed and named in the Property Agents Board's register to undertake functions. This exemption in turn applies to the staff employed by the business, meaning they do not need to hold a current licence to manage short stay accommodation.
Should any property that is managed by a business be leased for more than 90 days, then the business and all of it's staff undertaking property management functions must be licensed. The requirement to be licensed extends to staff whether or not the properties they are managing are leased for less than 90 days.
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All Properties Leased or Let for 90 Days or Less
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Any Property Leased or Let for More than 90 Days
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