One dead after East Memphis shooting at short-term rental - WREG.com
Summary
A shooting at a short-term rental in East Memphis resulted in a fatality. This highlights the potential safety and security issues associated with STR properties, reminding hosts of their responsibilities. Hosts should review safety protocols and consider implementing additional security measures.
Action Items
- ✓Update House Rules to clearly outline expectations regarding guest behavior and any prohibited activities.Effort: lowImpact: medium
- ✓Ensure your insurance policy adequately covers incidents on your property. Consider adding or reviewing liability coverage.Effort: lowImpact: medium
- ✓Review local ordinances regarding safety and security requirements for short-term rentals.Effort: lowImpact: medium
Common Mistakes
- ⚠Failure to address and mitigate safety risks at an STR can lead to serious legal and financial consequences.
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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