Minneapolis threatens US$500 fines to unlicensed Airbnbs

Airbnb boasts best quarter ever, but doesn’t claim to be ‘perfect’ (Dreamstime/TNS)

MINNEAPOLIS: The city of Minneapolis is threatening to impose US$500 (RM1,957) fines on property owners who list their homes on sites such as Airbnb without paying for a municipal license. 

The City Council passed an ordinance in October regulating Airbnb and other short-term rentals. The rules require people who rent out their homes and the online platforms that advertise the properties to apply for municipal short-term rental licenses and renew them each year.