Insight
Ocean City is considering an ordinance to set a 10% cap on short-term rentals in residential neighborhoods.
Ocean City ordinance would set 10 percent cap on short-term rentals in neighborhoods
Summary
Ocean City, in an effort to manage short-term rentals, is considering a new ordinance to limit the number of STRs in residential areas to 10%. This cap aims to balance the needs of both residents and the growing STR market. Hosts in Ocean City should stay updated on this regulation to ensure compliance.
Key takeaway