If you’re an owner of a vacation rental in Coconino County, Arizona, you should be aware of the recent changes to the homestay industry. Airbnb and Senate Bill 1350 are a couple of the changes that could affect your property in this area. Another important issue that affects vacation rental owners is the Vail InDeed law.
Impact of Senate Bill 1350 on Coconino County Vacation Rental Owners Association
If you are a member of the Coconino County Vacation Rental Owners’ Association, you are probably wondering about the impact of Senate Bill 1350. The new law allows local governments to regulate and ban short-term rentals, if they are deemed disruptive to residential communities. The legislation also permits local governments to prohibit certain short-term rental activities based on public health and safety concerns.
While the bill isn’t entirely clear on how it will affect the CVROA, it does clarify that cities may no longer prohibit short-term rentals based on classification. The new law took effect on January 1, 2017. As a result, Arizona residents can offer their properties on websites.
While the new law is not final, it is a compromise between the interests of STR owners and cities. The legislation gives cities the ability to regulate and penalize bad actors, while also protecting the rights of property owners and cities. However, it does not completely eliminate the issue, and it will only be effective in some communities.
Impact of Airbnb on Coconino County Vacation Rental Owners Association
Airbnb hosts are renting out their homes for short-term stays in the same way that other homeowners do by renting rooms or entire houses. The company has been growing since it began in 2008 with strapped homeowners renting out their spare rooms to tourists. Now, the service has grown into a global industry. Despite the rapid growth, most Airbnb rentals remain private homes. While the income from these rentals helps to pay mortgages and invest in homes, some homeowners are concerned about the potential negative impact of Airbnb on their neighborhood.
The Coconino County Board of Supervisors recently passed a resolution that addresses the issue of short-term rentals. The resolution includes standards such as occupancy limits and parking requirements. The ordinance will take effect on Nov. 19, 2015. If you’re thinking about renting out your home on Airbnb in residential areas, contact the Community Development Department to find out if you need to make any changes to your property. However, it’s important to note that the ordinance doesn’t overrule CC&Rs and private easements, so it is up to you to enforce them.
Impact of Vail InDeed law on Coconino County Vacation Rental Owners Association
The new Vail InDeed law has created a new legal issue for vacation rental owners in the resort community. While the law will affect owners of vacation homes, it is not the end of vacation rentals. Several community homeowners associations prohibit the use of short-term rentals.
In May of 2016, Arizona Governor Doug Ducey signed Senate Bill 1350, which seeks to protect residential property owners from short-term “vacation rentals.” Although the Vail InDeed law does not prohibit short-term rentals, it does require the owners of such rentals to meet certain performance standards and obtain a short-term rental permit. This new law will change the rules for short-term rentals in Coconino County and surrounding cities.