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All About the DC Air BnB Legislation

Reblogger Michael Wayne Jackson
Real Estate Agent with Coldwell Banker BRE #01513285
Original content by Lise Howe DC AB15253

The Short-Term Rental Regulation and Affordable Housing Protection Act regulates short-term rentals, such as Airbnb rentals, in the following ways:

  • Investment properties are ineligible for short-term rental (this keeps them open for long-term tenants, addressing DC’s affordable housing crisis).
  • Primary residences are eligible for short-term rental under the following conditions:
    • Residents renting out a room of the house they currently live in may do so for 365 days out of the year.
    • Owners renting out their entire home may only do so for 90 days in any calendar year, unless they’re granted an exemption.

These parameters strike a balance between serving short-term visitors and tourists and fulfilling the housing needs of DC residents. Because investors are prohibited from using their properties as short-term rentals, it increases the likelihood that investors’ rentals will go to permanent DC residents. The DC Department of Consumer and Regulatory Affairs (DCRA) monitors and investigates short-term rentals to ensure compliance with this law, as well as compliance in areas such as zoning regulations, building codes, health codes, and housing codes. In addition, DCRA keeps records and statistics on licensed short-term rental activity.

 

Savvy investors in DC know that most condo and coop buildings already have restrictions in place requiring that leases run for a minimum number of months, typically at least six months, in order to control the short term rentals with companies such as Air BnB.  Now fee simple owners are finding themselves subject to similar restrictions.  

 

If you have any additional questions concerning renting your home on a short term basis, please call the Lise Howe Group at 240-401-5577 or email us at lise@lisehowe.com.  The Lise Howe Group is licensed in DC, Maryland and Virginia. 

 

If you are looking for a home in the DC metro area, you know there is more to the process than just picking a property and making an offer. You need to find the best location for your wants and needs, get a great price, and work with a lender who will make your life easier - not harder.  Trust your search with a Realtor who is licensed in DC, MD and VA and really knows the city and all its secret neighborhoods.

Start your search with the Lise Howe Group, Washington Natives who love the city and all its quirkiness! If you are moving or relocating to Washington DC, be sure to ask for our relocation guide. Call us at 240-401-5577 to schedule an appointment or email us at lise@lisehowe.com.  Too excited to wait to talk to us about a great home? Just click here to start that home search.

If you want to see what is for sale in Washington DC, Chevy Chase and Bethesda, check out these links below:

Bethesda Condos for Sale

Chevy Chase Condos for Sale

 

Bethesda Single Family Luxury Homes

 Bethesda Single Family Homes Under $1 Million

Chevy Chase Single Family Luxury Homes

Chevy Chase Single Family Homes Under $1 Million

Luxury Single Family Washington DC Homes

Washington DC Single Family Homes Under $1 Million

 

Washington DC Condos

 

Lise Howe

Keller Williams Capital Properties

4646 40th St NW 

Washington DC 20016

240-401-5577 (24 hour direct)
Licensed in DC, MD, and VA
Associate Broker, GRI, ABR, CRS
The Lise Howe Group
Howe Real Estate Should Be!
www.lisehowegroup.com

www.kenwood-forest.com

 

 

 

       

Posted by

Mike Jackson, CNE, CDPE

Broker Associate

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Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a wonderful day!

Jul 23, 2021 08:02 AM