Ocean City ordinance would set 10 percent cap on short-term rentals in neighborhoods - CoastTV
Summary
Ocean City, Maryland, is considering a new ordinance that would limit the number of short-term rentals (STRs) in residential neighborhoods. The proposed cap is set at 10 percent of the total properties. This regulation aims to manage the impact of STRs on housing and community dynamics.
Key Insights
- •The proposed ordinance in Ocean City, Maryland, would limit short-term rentals to 10% of properties within residential neighborhoods.
Action Items
- ✓Hosts in Ocean City, MD, should monitor local news and government websites for updates on the proposed ordinance and attend public hearings to voice their concerns or support.Effort: lowImpact: medium
Common Mistakes
- ⚠Failure to comply with new local regulations, if enacted, could result in fines or other penalties for hosts operating short-term rentals exceeding the 10% cap.
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.
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