Insight
Restrictions on corporate or out-of-state ownership of vacation rentals in Monterey County have been removed from the ordinance.
The County of Monterey's vacation rental ordinance stands but without restrictions on corporate or out-of-state ownership.
Summary
Monterey County's vacation rental ordinance has been upheld, but crucial restrictions on corporate and out-of-state ownership have been removed. This development could significantly impact local housing markets and neighborhood dynamics for existing and potential hosts.
Key takeaway