The Complete Guide to Navigating Short-Term Rental Regulations in 2017
Short-term rental regulations vary dramatically by municipality, state, and country.
To complicate matters, these regulations are constantly evolving. Now consider the inconsistent and complex language, and you’ll find that it’s a recipe for confusion.
Rental regulations are virtually impossible for hosts, homeowners, and managers to follow, let alone abide by, leaving many property owners at a disadvantage, facing huge penalties, fines, and tremendous stress.
Not only must homeowners and managers adhere to business licensing requirements—there are also building and housing standards, zoning rules, special permitting requirements, tax laws, noise ordinances, homeowner’s administration or condo association rules, and more.
At Rented.com, we strive to help promote responsible short-term rental property ownership and management, and it’s a large part of our overarching goal to promote “professionalization” of the industry as a whole.
With NoiseAware, we decided to evaluate some of the regulations that are impacting vacation rental property owners, their property managers, and their guests.
As two companies committed to “responsibly renting” and the promotion of harmonious neighborhoods for both long-term and short-term rentals, we partnered up to help you minimize fines, conflict, and disruption.
All of this is why we at Rented.com and NoiseAware are excited to present the 2017 Short-Term Rental Regulations Report.
Analyzing the 2017 Short-Term Rental Income Report Results
Many property owners lack knowledge about regulatory issues and how those regulations can affect their properties. In fact, many vacation rental owners find that their first “encounter” arises when they’ve been slapped with a fine or a firmly worded letter. This means that most are unprepared to take any sort of proactive measures to avoid violations, along with the stress and hassle that can ensue.
If there’s one regulatory trend that is consistent from quarter to quarter, it’s change! The regulatory landscape is perpetually changing and evolving. In fact, Rented.com issues a quarterly report on the industry trends for the Vacation Rental Management Association, and regulation is consistently a hot topic.
Our goal as a company and as members of Rent Responsibly, a mission started by NoiseAware that brings the industry together to advocate for the fair regulation of short-term rentals, is to help vacation homeowners gain a broad and comprehensive understanding of the nation’s regulatory climate, including:
- Why regulation is so important
- What regulations are in place
- How various regulations are changing and evolving
- How these regulations can impact owners, property managers, and guests
- How we can all play an important role in the fight for fair regulation
Many homeowners aren’t even aware that many rules and regulations exist, so they are utterly unprepared to track and interpret changes within the industry. This is where we hope to assist.
By understanding local regulations and how to find information on these key regulations, short-term rental property owners can work with their property managers to implement measures that will minimize fines and violations. This places you on the path to a less stressful and more profitable renting experience.
What’s Included in the 2017 Short-Term Rental Regulations Report?
In an attempt to further enable responsible and easy renting in the sharing economy, our report examines 120 popular vacation rental and urban markets across the United States. It provides a comprehensive summary of the most recent laws and regulations that affect each city and the short-term rental and Airbnb industry there. Using the regulations report, you’ll be able to quickly view permit and license requirements, any additional requirements that are necessary to operate a short-term rental, and the relevant noise and neighborhood ordinances.
Each city profile likewise includes the date of passage and a link for you to learn more about the local ordinances that affect you.
We’ve also authored a 2017 Short-Term Rental Income Report, with data on the 125 best places to buy a vacation home or Airbnb in the United States. So be sure to check out this report for more information to help you choose the right location for your next vacation home acquisition.
NoiseAware provides a noise monitoring service for short-term rentals that prevents noise issues. When NoiseAware detects a noise problem, their smart sensors send an alert to you or your property manager before your neighbors even call. Its privacy safe (no content is recorded) and helps you be more aware of what’s happening in your rental between check-in and check-out. Get started with NoiseAware to kick off renting responsibly in your city.
If you’re ready to acquire a vacation home or are considering a change in the way you manage yours, you’ll need to consider a wide variety of different points—including the applicable rules and regulations. While our business at Rented.com connects homeowners with local, professional property managers for free, we also aim to be the ultimate resource for vacation homeowners and help you with everything from deciding where to buy your rental property to navigating regulations. To view our available homeowner and property manager resources, visit our blog. To see what your local property managers can offer you, get an estimate for your property today.
As always, feel free to reach out to us with any questions by calling (844) 736-8334.
The Rented.com & NoiseAware Teams