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Home-sharing sites Airbnb Inc. and Expedia Inc.’s HomeAway have reached a settlement with San Francisco that makes it easier for rental hosts to register with the city and helps the companies avoid costly fines.
The settlement ends a lawsuit filed in June by the two sites over rules that impose fines of $1,000 a day for each host who isn’t properly registered with the city to use their short-term rentals. The companies argued the ordinance—which requires hosts to register in person and present evidence to the websites—is…