Vacation Rental Owners Face Stiff Headwinds Around Oregon
In his new Ear to the Ground blog post, the first in a three-part series, real estate attorney David Petersen discusses challenges facing the vacation rentals industry in Oregon. This first post focuses on who truly makes...more
This is the last of my three-part series on common misperceptions about the vacation rental industry in Oregon. In my first post, I explained why vacation rentals are important drivers of local economies. In my second, I...more
This is part two of my three-part series on common misperceptions about the vacation rental industry in Oregon. Last week, I explained why vacation rentals are important drivers of local economies. This week, I take on the...more
In many states, the tide appears to be turning against short-term rentals. With restrictions on short-term rentals, such as Airbnb and Vrbo, on the rise, businesses operating short-term rental properties are running out of...more
It has been a busy Budget for the real estate sector today, particularly for the residential sector. The big announcement was the proposal to abolish SDLT’s multiple dwellings relief (“MDR”). This came as a surprise and for...more
On October 26, 2023, Bill 35, the Short-Term Rental Accommodations Act received royal assent. Bill 35 was introduced as part of the NDP’s Homes for People Action Plan to combat the housing crisis and intends to regulate...more
The initial phase of New York City Local Law 18, also known as the Short-Term Rental Registration Law, went into effect in New York City on Tuesday, September 5th, 2023. Enforcement of Local Law 18 is expected to...more
Written rental agreements state the terms, conditions, and rules of a vacation home rental. The rental agreement may also contain important warnings and notices about the use of certain items, like elevators, pools, or...more
New York Local Law 18, the so-called “Anti-Airbnb Law,” was enacted by the New York City Counsel on January 9, 2023. The new law – which took effect March 6, 2023 – is aimed at reducing undesirable short-term rentals in the...more
With the rise of planned communities in Seattle, it is becoming more and more common for properties to be organized and operated as a Homeowner Association (“HOA”). An HOA is typically form as a separate entity with the...more
As cannabis legalization gains traction across the country, many business owners are looking for a way to fuse cannabis-friendly atmospheres with vacation rental spaces. The vacation rental market is getting a...more
Growth of Short-Term Rental Industry. Since 1995, the short-term rental industry has grown enormously with the launching of short-term rental companies such as Vrbo in 1995, Airbnb in 2008, and HomeToGo in 2014....more
The last unofficial week of summer was relatively slow in the online travel world, though last week did see the release of the European Commission’s report on its recent study into the current status of hotel room...more
As short-term rentals continue to remain a popular option for travelers and a profitable investment opportunity for residential property owners, municipalities continue to impose restrictions on this properties. These...more
What is Rental Fraud? Rental fraud usually involves a fraudster collecting rent for a property they don't own or that doesn't exist. Scammers typically use one of two techniques to commit rental fraud...more
Last week’s Update features stories on two less frequently used social media platforms – Instagram and Snapchat – and details the brewing battle among banking companies for travel industry legitimacy. I hope you enjoy....more
The Court of Appeal held that absent a distinction between short- and long-term rentals, both are permitted under city zoning ordinances, and any ban on short-term rentals that changes the status quo is an amendment that...more
The Court of Appeal held that an action to set aside an ordinance restricting short-term vacation rentals on the ground of failure to obtain a Coastal Development Permit (CDP) was barred by the 90-day statute of limitations...more
This week’s Update features a number of stories on short-term rentals, as one established vacation rental platform continues to gain relevance in traditional hotel room distribution while an established travel application...more
With the advent of short-term rental solutions such as Sonder, Domio, Guild, and others, the private sector was significantly ahead of the curve in expanding upon housing typology. Their ultimate success was, however, limited...more
The South Carolina legislature enacted the SC License Tax Standardization Act in September 2020 to standardize business license requirements throughout South Carolina. Information about changes to Town of Hilton Head business...more
Skift’s annual Skift Global Forum, which was held this past week, produced a number of newsworthy items for this week’s Update. Enjoy....more
City Restrictions Are Not Affected - The popularity of Airbnb, VRBO and other online hospitality marketplaces has led to a large increase in short-term vacation rentals (STRs). While STRs might be an owner’s dream, they...more
Industry experts are predicting strong demand for short-term rentals in 2021, due in large part to a re-opening economy and pent-up demand for travel. While the decision to encourage or restrict short-term rentals varies from...more
CASES OF NOTE - WHEN IT COMES TO SHORT-TERM RENTALS, PROPERTY OWNERS BEWARE - Styller v. Zoning Bd. of Appeals of Lynnfield, 487 Mass. 588 (2021) In Styller v. Zoning Board of Appeals of Lynnfield, the...more