The City of Los Angeles finally passed its first attempt at vacation rental regulations. The new rules do not ban vacation rentals but they limit them to Angelenos who host vacation renters at their primary residence. That means no second homes or investment properties can be used as vacation rentals.
A few highlights to the new regulations:
It sounds like there will be more to come on this issue as there are already proposed changes being contemplated. Many of these rules mirror rules already set forth in places with recent vacation rental laws on the books like Malibu, San Diego, and other areas.
Schorr Law’s Zachary Schorr frequently lectures on the legal implications involved with vacation rentals. In fact, his next lecture will be broadcast nationally on January 28, 2019 for the National Business Institute “Airbnb, VRBO and Short-Term Lease Agreements: What You MUST Know!”
Contact Zachary D. Schorr today for more information. You can send an email to email@example.com, call us at (310) 954-1877, or send us a message through our contact form.