Short Term Rentals

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Naples FL CondoCondominiums, cooperatives, and homeowners associations will see many changes to their operations following the new laws borne from Florida’s 2021 legislative session. Among these changes are new laws governing rental restrictions in homeowners associations in Senate Bill 630. The bill, which passed both the House and Senate, is anticipated to be signed into law by Governor DeSantis and will have an effective date of July 1, 2021.

The new law reflects the homeowners association’s corollary to rental restrictions which have been in Chapter 718 (the “Condominium Act”) since 2004. In summary, the new law will implement that following changes affecting how and against whom rental restrictions may be enforced in homeowners associations:…
Continue Reading New laws prompt HOAs to examine – and quickly change – rental restrictions in advance of July 1, 2021 effective date

We all understand the value of preparing for hurricane season, but what about tourist season?

In the last post, we talked about the need for a license if you intend to rent your property out on short term intervals.

Now that you know whether you need a license to rent out your second home or condo, have you considered the benefits of using a written rental agreement?

Sure, it’s convenient and friendly to allow a stranger on VRBO to rent your property and only require that he or she pay a modest security deposit up front. In a perfect world, the renter would pay rent, not damage the property, follow all of the rules, and this arrangement would work out wonderfully every time.

Benefits of a Written Rental Agreement

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Continue Reading Vacation Rentals: Are You Prepared?