Rules and regulations governing short-term rental platforms like Airbnb and VRBO in cities across the country, as well as potential changes to transfer tax in Los Angeles, are among the areas of real estate law litigators will have their eyes on in 2017.
While New York and San Francisco have been in the headlines over the past several years with regard to efforts to codify or enforce city laws on short-term rentals, a current case in Chicago could provide more clarity on the issue this year.
***
“Airbnb has been a hot topic in the New York area,” said Robert J. Ivanhoe of Greenberg Traurig LLP.