That is the rule here too. They have to check out on day 29 and check back in to avoid the problem.While looking for this story, I saw one where the renters stayed in a condo over 30 days and then, according to renter protection laws, declared themselves to be tenants and therefore, the owner could not throw them out..
I had thought that also, but I read some on this recently, and apparently that doesn't legally do anything to solve the problem. In many places, it is how long they have stayed there, not legalese or registration trickery.That is the rule here too. They have to check out on day 29 and check back in to avoid the problem.While looking for this story, I saw one where the renters stayed in a condo over 30 days and then, according to renter protection laws, declared themselves to be tenants and therefore, the owner could not throw them out..
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I believe AirBnB says it is "secondary" insurance. Not sure I want to try and risk this and find out I am uncovered. That is why there is proper commercial/business insurance.http://www.cbc.ca/news/canada/calgary/airbnb-nightmare-renters-leave-calgary-home-trashed-1.3053555
For the article. I guess AirBnB will quickly offer to pay, since their homeowners insurance is null and void... and incidentally, so is their mortgage, since they aren't properly insured..
Yeah, but most of the AirBnB people never bother getting a legal policy. I mean, why would you get a legal policy for an illegal business. So the minute you call your insurer, they cancel your insurance (but keep the premium) and then AirBnB pays. Except in Canada, where your mortgage is immediately in default because you don't have insurance.I believe AirBnB says it is "secondary" insurance. Not sure I want to try and risk this and find out I am uncovered. That is why there is proper commercial/business insurance.http://www.cbc.ca/news/canada/calgary/airbnb-nightmare-renters-leave-calgary-home-trashed-1.3053555
For the article. I guess AirBnB will quickly offer to pay, since their homeowners insurance is null and void... and incidentally, so is their mortgage, since they aren't properly insured..
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Yiles. Uninsured buildings could have their mortgage called in, I suppose...Yeah, but most of the AirBnB people never bother getting a legal policy. I mean, why would you get a legal policy for an illegal business. So the minute you call your insurer, they cancel your insurance (but keep the premium) and then AirBnB pays. Except in Canada, where your mortgage is immediately in default because you don't have insurance.I believe AirBnB says it is "secondary" insurance. Not sure I want to try and risk this and find out I am uncovered. That is why there is proper commercial/business insurance.http://www.cbc.ca/news/canada/calgary/airbnb-nightmare-renters-leave-calgary-home-trashed-1.3053555
For the article. I guess AirBnB will quickly offer to pay, since their homeowners insurance is null and void... and incidentally, so is their mortgage, since they aren't properly insured..
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Or worse, you are in a shared building and the whole building loses it's insurance coverage and EVERYONE is in default. It's happened.
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It's a condition on every mortgage in this country, that you have insurance in place. So when your insurance is cancelled, your mortgage is void.Yiles. Uninsured buildings could have their mortgage called in, I suppose...Yeah, but most of the AirBnB people never bother getting a legal policy. I mean, why would you get a legal policy for an illegal business. So the minute you call your insurer, they cancel your insurance (but keep the premium) and then AirBnB pays. Except in Canada, where your mortgage is immediately in default because you don't have insurance.I believe AirBnB says it is "secondary" insurance. Not sure I want to try and risk this and find out I am uncovered. That is why there is proper commercial/business insurance.http://www.cbc.ca/news/canada/calgary/airbnb-nightmare-renters-leave-calgary-home-trashed-1.3053555
For the article. I guess AirBnB will quickly offer to pay, since their homeowners insurance is null and void... and incidentally, so is their mortgage, since they aren't properly insured..
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Or worse, you are in a shared building and the whole building loses it's insurance coverage and EVERYONE is in default. It's happened.
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Why they are avoiding?? Do you have any strong reason??That is the rule here too. They have to check out on day 29 and check back in to avoid the problem.While looking for this story, I saw one where the renters stayed in a condo over 30 days and then, according to renter protection laws, declared themselves to be tenants and therefore, the owner could not throw them out..
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