Saturday, July 16, 2011

Short term rental Regulations to be discussed at City Council

WOW- How will this impact you????

City Council to Discuss Adopting New Short Term Rental Regulations
At their regular meeting on July 18th, the City Council will discuss the possibility of adopting regulations that would require property owners to obtain a license for the short term rental of residential property (less than four weeks). These licenses would include conditions intended to ensure the compatibility of the rental property with neighboring residences. Short Term Rentals Summary

If you’re interested in this subject, we encourage you to review the following documents:
(1) Short Term Rental License - the ordinance establishing the licensing requirement;
(2) Zoning Ordinance Amendment - the ordinance amending our zoning regulations to allow the use in residential districts;
(3) Fee Schedule Rentals - the ordinance amending the fee schedule to cover costs associated with the licensing;
and to attend the hearing on the 18th.

Questions regarding these proposed ordinances should be directed to Shannon Burke, Director of Building and Development Services, at 314-7542 or shannonburke@lakeway-tx.gov

3 comments:

Ashley Dones said...

This would actually benefit the house owners which is a good thing right? Is this license the same as the Texas Real Estate License that agents have? or is it totally different.

Unknown said...

Rental regulations are among the most rampant issues in the real estate market today - especially in Texas. Even this post was pertaining to the old regulation, currently they should still discussed more about it since Texas right now is having a bit slow movement in their market - probably among the reasons are this one.


Texas MCE

Unknown said...

Austin is a great place and property price will always increase in Austin. so according to me, its the right time to invest in the real-estate market and loose our pocket to gain some real profit. Market is in high demand and some foreign investors are also taking interest in the Austin real-estate market.
______________
Realtors in Austin