New $5,000 fines for putting your home up for rent under strict ‘listing’ law - the-sun.com
Summary
New legislation imposes $5,000 fines for listing homes for short-term rental. Hosts need to be aware of these strict listing laws to avoid penalties.
Key Insights
- •New strict 'listing' laws are being enforced.
Action Items
- ✓Research local regulations regarding STR listing requirements.Effort: lowImpact: high
Common Mistakes
- ⚠Failing to comply with the new listing law could result in a $5,000 fine.
More from Regulations & Compliance
Arizona Rep. Bliss's bill regarding short-term rentals has passed, signaling potential changes to the regulatory landscape for hosts in the state. This legislative development could impact operational requirements and potentially the profitability of short-term rental businesses within Arizona. Hosts should stay informed about the specifics to ensure compliance.
Annapolis, MD, is experiencing a surge in short-term rental license applications, indicating increased interest in the STR market. This rise follows efforts to improve compliance with local regulations. Hosts should familiarize themselves with new permit requirements to avoid potential penalties and ensure smooth operations.
This article discusses the construction of more rental homes near transit in Burnaby. The focus is on increasing housing supply near public transportation. While specific STR implications are not detailed, it implies a changing landscape for residential real estate and potentially offers insights into future housing trends that may affect hosts in areas around Burnaby.
Curated by Learn STR by GoStudioM