Ten big house 7 suspected Airbnb bed and breakfast rental

Airbnb bed and breakfast is to share economic products, the newspaper found that the top ten blue-chip private housing estates, at least seven suspected Airbnb rental, Airbnb owners bluntly know that illegal.

Owners to rent units or rooms for Airbnb, to bear the five major risks, in addition to violation of the tax and hotel industry regulations, but also in violation of the building deed of mutual agreement, and the bank can be required to immediately clear the mortgage arrears, so that home insurance and building third party Insurance failure.

In addition, HOS flats and public housing estates have Airbnb. The HD can recover the flats and the owners and tenants are even liable on a criminal basis and are liable to a fine or imprisonment (see another article for a public housing estate for Airbnb).

The first city of the landlord: tenant registered by the door card

Airbnb online booking platform last month, there are more than 300 from the “Hong Kong” room search results, of which about 1 from Hong Kong and Kowloon New Territories top ten blue-chip housing, including Shatin first city, Mobil Village, Tin Shui Wai Jiahu Villa, Lam Tin Garden, Hung Hom Whampoa Garden, Quarry Bay Tai Koo Shing and Southern South Horizons.

Reporters to the identity of the tourists to the housing of the Airbnb landlord inquiries, there are Shatian first city landlord admitted to know the rental unit for Airbnb is illegal, that with the daughter living in the same unit, as long as the first registration to the identity of the building manager, tenants can Get the door to the door itself.

Shatin’s first city councilor and owner’s corporation chairman, Mr Wong Ka-rong, said that the first city had landlords six years ago on the Internet platform to attract free passengers, and for those who rented the landlords again, Huang said they were unaware. The first management office in Sha Tin has responded that the number of affected passengers is small and that the Airbnb issue will not be dealt with and the residents will not be reminded of the situation. Jiahu Villa and Huijing Garden Property Management Company, will follow the deed of compliance.

Rent less than 28 days to get the hotel card

The Home Affairs Department (HAD) said that any premises owners or tenants who violated the provisions of the hotel industry were not allowed to provide accommodation for less than 28 days without receiving a hotel permit in the range of accommodation provided by him. Last year, the department collected 765 inspections on the Internet platform and 15 prosecutions.

The legal profession explained that any premises involving commercial and monetary transactions, even if only a room or bed, such as the lease period is less than 28 consecutive days to be licensed. He also said that all the dwelling dwellings of Hong Kong are listed only for residential purposes, and commercial transactions involving Airbnb are a breach of the DMC. We are looking for information on the address of the seven estates mentioned above by the Licensing Office of the Civil Affairs Department and found that all of them are not on the list of licensed hotels and believe that they are all illegal.

Rental private units for Airbnb use also affect mortgages. Wang Yongwei, executive director of the mortgage company, the owner to apply for a mortgage to the bank will sign a loan contract, the entire unit for the owner, such as the bank from any way to learn the unit changed to the hotel, the right to ask the owners to switch or immediately pay off the loan.

Under the Inland Revenue Ordinance, the owner of the property is required to pay the property tax on the rent charged for his rental property, and any person who carries on business in Hong Kong and obtains profits shall be subject to profits tax; therefore, if the landlord is a short haul hotel, the rent income Shall file a property tax and profits tax with the Inland Revenue Department. If the landlord does not declare the rental matters to the Inland Revenue Department, it is a contravention of the tax.

Leaving the unit for Airbnb can also result in insurance failure. Newspaper to a number of insurance companies, the reply refers to the insured to apply for home insurance will be signed when the statement is a permanent residential use, so all illegal acts are generally not covered.

The law also provides that owners’ corporations and property management companies are required to purchase third party insurance for tenants. An insurance company said that if the corporation and the management company know that the unit is changed to hotel use, but no warning and notification to the owner of the insurance company, in the event of an accident, the third party liability insurance has the opportunity to change the use of residential units Accepted.