Most apartment buildings that authorize short-term rentals for Miami accommodations have some restrictions. The most common of these rules governing Miami holiday rentals by owners in such condominiums is that, typically, the minimum stay cannot be less than a month.
Miami accommodations with this type of minimum stay rule are typically open to travelers who can stay more than a month; however, some short-term rental operators still try to earn rental income with their properties through unethical approaches. Sometimes, these individuals lie to their condo associations by saying that clients coming for less than a month are their family or close friends.
What are the risks and drawbacks of being a part of this game?
The number one risk is to the travelers, who may be evicted for renting a property for an illegal period of time. Even for guests who are discovered but allowed to remain on the property, the embarrassment and stress involved can severely hamper their Miami vacations.
Buildings that have minimum rentals of a month only allow owners to rent their properties 12 times during the year and never for a period less than a month. The owner may rent a property for a period that is less than one month, but he cannot re-rent the unit to somebody else during that same month. In such instances, it is crucial that the Miami holiday rentals by owners extended stay contracts mention a duration of a month, even if guests leave after a shorter period of time, such as 10 days. This type of wording is the legal way to proceed with a condominium that has restrictions on short-term rentals.