Couple buys short-term lake rental near Dexter, then finds out they aren’t allowed - MLive.com
Summary
A couple purchased a lake rental but later discovered short-term rentals are not allowed. Hosts should thoroughly research local regulations before purchasing a property to ensure compliance.
Action Items
- ✓Research local regulations regarding short-term rentals, including zoning laws and HOA restrictions, before purchasing a property.Effort: mediumImpact: high
Common Mistakes
- ⚠Buying a property without checking local regulations on short-term rentals can lead to the inability to operate as a host.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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