New ordinance will provide more regulation of short-term rentals in Chicago - Loop North News
Summary
A new ordinance in Chicago will bring more regulations to short-term rentals. Hosts in Chicago should stay informed and prepare for potential changes to their operations and compliance requirements.
Key Insights
- •A new ordinance will provide more regulation of short-term rentals.
Action Items
- ✓Hosts in Chicago should stay informed and monitor for updates to local regulations.Effort: lowImpact: medium
Common Mistakes
- ⚠Hosts failing to comply with new regulations risk potential penalties.
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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