With the new year comes new responsibilities for short-term rental owners in the Denver area. Owners are now required to hold a short-term rental license, obtainable from the City and County of Denver website, in order to rent out their properties for stays shorter than 30 days. Not all American cities require a short-term license—state officials make the call on a case-by-case basis. Part of the licensing process involves proving that a property is an owner’s primary residence and posting his or her Business License Number on the Airbnb listing. The fee for the STR license application is $25 and an owner can be fined up to $999 for advertising their property without a legitimate license.
Learn more about the new Denver STR License at www.Denvergov.org/STR