2016 AAR Legislative Update

“What happened this year at the Legislature”

The biggest win that affects property managers/homeowners is the signing of SB1350 (also known as the AirBNB/Vacation Rental bill.)  This law is a major win for homeowners giving them the right to lease their homes for shorter periods of time.  HOAs can still restrict (through the CCRs) minimum time-frames for leasing.

Legislative_policy

“What happened this year at the Legislature”

The biggest win that affects property managers/homeowners is the signing of SB1350 (also known as the AirBNB/Vacation Rental bill.)  This law is a major win for homeowners giving them the right to lease their homes for shorter periods of time.  HOAs can still restrict (through the CCRs) minimum time-frames for leasing.

Legislative_policy