Airbnb is a fairly new company, founded in 2008, that uses a social networking model to connect travelers with hosts willing to sublet space to them for a short period of time. Available spaces range from a room in a house or apartment, where the host may even cook you meals, to whole apartments or houses available while the host is elsewhere.
Since its inception, Airbnb has come under fire from the hotel and tourism sector and has been the target of legal action, including in Quebec, New York City and San Francisco. At this time, it is not illegal in the province of Ontario or in the city of Toronto to do a short-term rental or sublet. However, in many cases, there are still a number of issues that can leave hosts facing legal action.
If a host is a tenant, they could face action from their landlord and even eviction if they are hosting in a rental space without the consent of the owner. More importantly in Ontario, an Airbnb transaction could be found to violate the Residential Tenancies Act.
See the Full article at http://www.advocatedaily.com/areas-of-law/airbnb-can-leave-hosts-open-to-legal-action.html