Many second homeowners choose to Short Term Rent their property when they aren’t using it themselves to offset costs and share what they love about Grand County with others. Whether you rent through a property management company or do it yourself, if your property is in unincorporated Grand County or the town of Fraser, you are now required to register and obtain a permit for your short term rental.
Recently, Kelly Oxley and Carolyn Derby from the Grand County manager’s office came to speak to the Grand County Board of Realtors General Membership Meeting to provide updates on the recently approved Short Term Rental Registration regulations. These regulations apply to homeowners renting their property for 30 days or less. The county has hired an outside source to scrape the Internet for short term rentals and confirm registration. At the time of this meeting, it was estimated that there were 360 registered Short Term Rentals and as many as 800 in operation.
In order to operate a short term rental, property owners must:
Obtain a state sales tax license through the Colorado Department of Revenue
Remit sales and lodging tax to the Colorado Department of Revenue
Name 2 local contacts that reside in Grand County and are able to respond to the property within 1 hr
Provide adequate parking for the number of occupants
Provide a clear plan for garbage storage and disposal
Property should be equipped with adequate smoke alarms, carbon monoxide alarms, and fire extinguisher
*Click here to visit the Grand County Short Term Rental Permitting site.
On November 1st the town of Fraser approved an ordinance regarding the operation of short term rentals. Effective December 1st, any property used for short term rental purposes is required to register with the town. The cost of registration is $150 and should be renewed annually. Requirements are similar to those for short term rentals in unincorporated Grand County, including providing a local contact and adequate parking.
Author:Angela Sandstrom Phone: 970-531-0418 Dated: November 19th 2017 Views: 267 About Angela: I fell in love with Grand County at an early age when my family traveled from Ohio to ski at Winter ...
View our latest blog posts in your RSS reader. Click here to access.
Real Estate of Winter Park emphasizes teamwork, customer service and a strong marketing campaign. By working together we help each other and our clients to create the best real estate experience for everyone!