SHARING ECONOMY LEGISLATION FROM A RENTAL REAL ESTATE PERSPECTIVE IN THE FEDERATION OF BOSNIA AND HERZEGOVINA ENTITY
SHARING ECONOMY LEGISLATION FROM A RENTAL REAL ESTATE PERSPECTIVE IN THE FEDERATION OF BOSNIA AND HERZEGOVINA ENTITY

Summary/Abstract: Sharing economy is a business model that has become present with the development of information technology and increasing number of internet users and social networks. This business model is a completely new way of doing business that directly connects the owners of certain goods and services with people who are interested in using those goods and services through sharing platforms, with the appropriate compensation. This significantly increases resource utilization and enables users to use certain goods and services at lower prices. The sharing economy is different from the traditional way of doing business and is an economic principle that is constantly evolving. It emphasizes the ability of individuals to rent or lease goods, rather than buy and own them. However, the rapid development of this business model has led to inconsistencies in the legislation of many countries that have encountered the challenge of successfully incorporating this model into their legal system and regulating it. The focus of this paper will be on the legal regulation of the sharing economy in Bosnia and Herzegovina, through the example of real estate leasing through sharing platforms. The paper will present current legal solutions applicable to this area, actions and difficulties that the legislature in Bosnia and Herzegovina is facing in regulating the sharing economy primarily due to complex political organization and insufficiently horizontally and vertically harmonized regulations, as well as opportunities for successful resolution of this issue.

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