If you are planning to rent out your property as a vacation rental, you should be aware of the laws governing your business. In Coconino County, there is a Vacation Rental Ordinance which you can review at the County’s website under Community Development. However, it is important to remember that the Ordinance does not apply to properties in residential areas and does not abrogate private easements or CC&Rs. This means that enforcement is still the responsibility of the property owners.
Legislation
The Board of Supervisors passed Legislation for Coconino County vacation rental owners association on Thursday, but it is not yet effective. It will take effect on November 19, so property owners can wait to start renting out their property until then. However, if you’re considering renting out your home to guests, you’ll want to contact the County’s Community Development department to learn more about the new laws and regulations.
The Arizona State Legislature recently passed Senate Bill 1350, which will protect residential property owners’ rights to provide short-term “vacation rentals.” The new law will change zoning regulations in Coconino and Yavapai counties, and it will affect restrictions in Flagstaff and Sedona.
Regulations
The Board of Supervisors recently passed a resolution regarding short-term vacation rentals. The resolution sets standards for vacation rental property owners and the operation of short-term rentals in the area. It specifies occupancy limits and parking requirements. The resolution is effective as of Nov. 19. However, the ordinance does not regulate commercial activity such as weddings or events.
It is important to note that while these regulations are narrowly tailored to protect public health and safety, they are not designed to controvert SB 1350. As such, it is unclear if the regulations will remain in effect after SB 1350 is enacted. However, the regulations are likely to remain in effect until repealed.
Impact on local economy
The Coconino County Vacation Rental Owners’ Association (CVROA) is an organization dedicated to protecting the rights of vacation rental owners in the area. The purpose of the association is to protect the rights of vacation rental owners and the surrounding community. The association is also interested in reducing the number of short-term rentals, which have a negative impact on local communities. While the current short-term rental trend has been good for the economy, some residents are not as happy with the trend. The number of homes on VRBO and Airbnb sites has increased dramatically over the past two years. One hundred homes have been listed this year, and more than 200 have been listed in the past year. Two of the properties have been problematic.
Sedona residents want more housing options and more connectivity. The current lack of affordable housing is hampering local economic growth. In addition, there is a severe shortage of street space and sidewalks. This makes it difficult for first responders to move around the city. Therefore, it is imperative that the county’s vacation rental market is protected.
Impact on tax revenue
The impact of vacation rental businesses on local tax revenue in Arizona is significant, but it’s not clear whether this is a good or bad thing. Some county assessors say that they have little choice but to give short-term rental properties residential classification, which means lower taxes. The vacation rental industry is growing in Arizona thanks to the emergence of popular short-term rental platforms like Airbnb and VRBO.
The study says short-term rental businesses in Arizona generated about $2.8 billion in economic output in 2017. Moreover, short-term rentals generated more than $500 million in state and local tax revenue. The state government collects about half of these taxes, with local governments collecting the rest. However, there are a number of controversial issues associated with short-term rentals, which the study didn’t touch upon.