Insight
The South Carolina Appeals Court ruled that a property co-owned by an LLC and eight families is not a vacation rental.
Sullivan’s Island home co-owned by LLC, 8 families is not a vacation rental, SC Appeals Court says
Summary
A South Carolina Appeals Court ruled that a Sullivan's Island home co-owned by an LLC and eight families does not qualify as a vacation rental. This decision could impact how similar properties are classified and regulated in the area, potentially affecting rental operations and ownership structures. Hosts should review local ordinances.
Key takeaway