Guidance for City Ordinance 22-6 Relating to Short-Term Rentals
- Details
- Category: City Affairs Blog
- Published: April 28, 2022
Information updated: 08/04/2022
Effective March 28, 2022, sellers are obligated to disclose to the buyer whether or not the residential property being sold may be used legally as a short-term rental.
HBR’s General Counsel has prepared an informational bulletin that summarizes:
- key elements of Ordinance 22-6
- requirements for new DPP Short-term Rental Disclosure form, including evidence documents and time periods for disclosing to the buyer in relation to execution of the purchase contract and submitting copies of the documents to DPP following closing of the sale
- When Box 2 of disclosure form is checked
Per clarification received from DPP, if a seller checks Box 2 (to disclose the operation of an STR is not a legal use for the property being sold), then DPP does not need to receive the form; the seller should only provide the disclosure form to the buyer.
- When Box 2 of disclosure form is checked
- Q&A, guidelines, and considerations for implementing Ordinance 22-6 -- Updated 05/02/2022
