PRNewswire 13-Jul-2018 2:51 PM
MIAMI, July 13, 2018
MIAMI, July 13, 2018 /PRNewswire/ -- The Miami-Dade 11th Circuit Court this week denied Airbnb's multiple motions to dismiss the lawsuit launched by three subsidiaries of Apartment Investment and Management Company (Aimco) and cleared the way for the Aimco subsidiaries to pursue claims against the short-term rental giant which has intentionally brokered unauthorized short-term rentals at Aimco communities.
"The court decisions this week allow us to continue with our case and affirm that Airbnb can be held accountable for the illegal short-term rental activities it knowingly promotes at our communities," said Aimco Spokesperson Cindy Lempke. "Our residents deserve to know their neighbors and to live in a safe, peaceful environment without the disruption of transient vacationers whom Airbnb continues to send to our communities."
Here are highlights of this week's court decisions:
To protect the safety and quality of life of its full-time residents, Aimco subsidiaries in California also are pursuing an appeal of the trial court's decision in California where they were joined by a broad coalition of partners last week who filed amicus briefs in support of that appeal against Airbnb.
Despite repeatedly notifying Airbnb that short-term rentals are expressly prohibited in Aimco lease agreements and asking Airbnb to stop, Airbnb has refused to cease brokering unauthorized short-term rentals. Unlike prospective Aimco residents who undergo criminal background checks, many Airbnb customers are unvetted and unknown travelers who pose potential safety risks. Many have also caused disruption and, in some cases, property damage at Aimco apartment communities.
Aimco is one of the country's largest owners and operators of apartments with 184 communities in 22 states and the District of Columbia. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV, and are included in the S&P 500.
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