Its objectives:

Controlling short-term tourist rentals like Airbnb, which, with their rapid rise, have simultaneously shaken up the tourism sector and the accommodation supply, particularly in major cities. In doing so, it has specified (thus amending Article L. 324-1-1 of the French Tourism Code) the concept of tourist rentals, which are now defined as follows: “furnished detached houses, apartments or studios for the exclusive use of the tenant that are available for clients whose stay is temporary and measured in days, weeks or months and who are not taking up residence.”

Changes for renters:

The maximum period for renting a property, if said property is also the primary residence of its owner, and provided that it is located in a community where a prior declaration recording procedure has been implemented. In this case, the total rental period may not exceed “one hundred and twenty days in the same calendar year, except in case of professional obligation, health reasons, or force majeure”. A priori, this provision, which targets the imbalances observed in certain city centres, like Paris, shall not have a particular impact on mountainous regions.

What it puts landlords at risk:

Penalties in the event of failure to comply with certain procedures. Amending Article L. 324-2-1 of the Tourism Code, the Law provides for financial penalties up to 5,000 Euros in case of absence of declaration of a tourist rental to the City Hall, and up to 10,000 Euros for failure to communicate a count of overnight stays for the current year to a local authority if it has made such a request, or for failure to comply with the limit of 120 days per year if the property is a primary residence. It should be noted that the penalties provided for platforms which do not comply with the specific provisions laid down to this end, are between 12,500 and 50,000 Euros.