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A Comprehensive List of Regulatory Requirements for New Hosts

short term rental compliance checklistHello new Orlando hosts! Starting a short-term rental involves navigating various regulatory requirements to ensure compliance. Here’s a comprehensive checklist to help you get started and stay on track.

1. Obtain Required Permits

Ensure you obtain all necessary permits for operating a short-term rental in Orlando. This includes a rental permit and any other local or state permits required for your property.

2. Comply with Safety and Health Codes

Adhere to safety and health regulations, including installing smoke detectors, fire extinguishers, and maintaining clean and sanitary conditions. Ensure your property meets all local health and safety codes.

3. Register for Taxes

Register with local tax authorities to collect and remit sales tax and any applicable tourist development taxes. Stay up-to-date with tax reporting and payment requirements.

4. Insurance Requirements

Obtain appropriate insurance coverage for your short-term rental. This includes liability insurance and property damage coverage to protect against potential risks and liabilities.

5. Review HOA Rules

If your property is part of a homeowners association (HOA), review their rules regarding short-term rentals. Ensure compliance with any HOA regulations to avoid potential conflicts.

6. Draft Clear Rental Agreements

Create detailed rental agreements that outline house rules, rental terms, and guest responsibilities. Clearly communicate these terms to your guests to avoid misunderstandings.

7. Monitor and Maintain Compliance

Regularly review and update your compliance practices to reflect any changes in local regulations. Stay informed about new laws and regulations that may affect your rental property.

Following this checklist will help you navigate the regulatory landscape and ensure a successful start to your short-term rental operation. For personalized advice and support, consider consulting with a local expert in rental regulations.

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Disclaimer: This article is intended for informational purposes only and is not intended to replace the advice of a professional in the subject matter. Always consult your financial, tax, legal or management advisor before making any decisions.