Annapolis City Council passes legislation preventing shared investments in short-term rental properties - Capital Gazette
Summary
The Annapolis City Council passed legislation prohibiting shared investments in short-term rental properties. This means that if you're planning to invest in an STR in Annapolis with others, you'll need to review the new regulations. Check the specific details of the legislation to ensure compliance.
Key Insights
- •The Annapolis City Council passed legislation specifically addressing shared investments in short-term rental properties.
Action Items
- ✓Hosts with properties in Annapolis, MD, should review the new regulations to understand the specifics of the ban on shared investments and ensure compliance.Effort: lowImpact: medium
Common Mistakes
- ⚠Failure to comply with the new legislation regarding shared investments in STR properties could result in penalties, the nature of which are not specified in this article, but which could lead to property or business difficulties.
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