SARASOTA, Fla. (Friday, February 12) – On Tuesday, February 2, the City of Sarasota Commissioners heard a proposed plan to potentially regulate vacation rentals in the city. The plan proposed a handful of new registration requirements, duties for property owners to take on code enforcement tasks on their own, various requirements for upkeep of the property (some of which aren’t even required by hotels), as well as a cap on occupancy.
The REALTOR® Association of Sarasota and Manatee (RASM) voiced concerns about the impact a burdensome regulatory scheme, such as the one proposed, would have on property owners as well as the overall economy in general. The direct impact for Sarasota County due to vacation rentals is approximately $112 million dollars annually. By a 3-2 vote, RASM and other private property rights advocates were able to get the discussion continued without a formal vote on the proposed ordinance. The next step will be a continuation of the first reading around March or April.
RASM and the Government Affairs Department will let you know when the next hearing is in case you would like to voice your concerns to the City Commission. For questions regarding this issue, contact the RASM Government Affairs Department at (941) 952-3410 or email@example.com.