Ocean City rental moratorium sparks backlash, as residents say trust was broken - Baltimore Sun
Summary
Ocean City, Maryland, is facing backlash over a rental moratorium, with residents claiming a broken trust. This news highlights the importance of staying informed about local regulations, which can significantly impact your ability to host.
Key Insights
- •The article reports a rental moratorium implemented in Ocean City. The exact details and scope of the moratorium are not specified but it affects STR operations.
Action Items
- ✓Research the current short-term rental regulations in Ocean City, Maryland, and other areas where you own or plan to own STR properties. Check for any moratoriums, permit requirements, or restrictions.Effort: lowImpact: high
Common Mistakes
- ⚠Failing to stay informed about local regulations and restrictions can lead to legal issues and the inability to operate your STR business. Ignoring regulations is a mistake.
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.
Curated by Learn STR by GoStudioM