Adhering to all local laws and regulations related to short-term rentals, including zoning ordinances, taxes, and safety requirements.
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Glossary Term: Regulations
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A legal permit required by many local governments to operate a short-term rental business. Obtaining the necessary business licenses ensures compliance with local regulations.
Refers to the increasingly complex legal and regulatory landscape surrounding short-term rentals, where the lines between traditional hotels, B&Bs, and short-term rentals are becoming less clear.
The understanding that short-term rental operators must adhere to all applicable local regulations, licensing requirements, and tax obligations.