![]() Homeowner Associationsįortunately, if you are a member of a homeowners’ association (HOA) or your community is considering forming one, you may have the ability to restrict your neighbors’ rights to use their homes as STR rental units. Consequently, homeowners are often left to fend for themselves when seeking to limit STRs in their neighborhoods. In fact, local governments are sometimes limited in their ability to regulate STR use by state law. Moreover, local governments are not under an obligation to limit property owners’ ability to rent their homes to STR renters. To begin, North Carolina provides limited regulation of STRs, and there is no statute that addresses STRs specifically instead, North Carolina leaves regulation of STRs to its local governments (i.e., counties, municipalities, etc.). Regulating the use of property in North Carolina for STR purposes can be difficult. ![]() These homeowners find themselves bombarded with messes, noise, and the frequent presence of strangers in their neighborhoods. While hosts and renters have reaped benefits like offset homeownership expenses and more affordable vacations, many neighboring homeowners have been left holding the proverbial bag. ![]() With the rise in popularity of websites and apps that connect homeowners and renters (e.g., VRBO and Airbnb), the popularity of short-term rentals (STRs) has increased drastically over the past decade.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |