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Wow. I've never heard of this for a whole city. I know some condo complexes out here are forced by the city to have a certain (70%) owner occupancy rate. I wouldn't want to buy a home in a city where I couldn't rent it out if I wanted to (or have full "enjoyment" of my home).
Candice A. Donofrio
Fort Mohave, AZ
Wow. I can appreciate some restrictions or controls, especially for short term rentals. We are a resort community and permanent residents find the "partiers" that rent for spring break week can be a real nuisance. But in general IMO freedom to rent should be protected.
Candice A. Donofrio
Fort Mohave, AZ
A license to rent or sell real estate that belongs to you does not require a license in Texas. Further, if you are an employee of a leasing company, in most instances you do not have to have a license.
I'm OK with the first part. I'm not OK with the second part.
HERE IS THE FULL FOX ARTICLE, Caroline Gerardo you're missing a few characters in your link.
Is this right? Wellll . . . did he know there were deed restrictions? Were there deed restrictions? It reads like the City invoked police power to make a law without the process. That's pretty bad. But if there were already restrictions in place when he bought the house . . . sigh. Still. Fighting for our country and this. Sucks bad.
And the Supreme Court called it moot since he lost his house? Oh, good use of THAT judicial body.
At any rate, this is why God Bless Arizona. We don't like that kind of stuff. I suppose that's why people from states like MN flock to us like snowbirds to casino buffets . . . can't blame them.
Interesting post. Surely there is someone from MN like Suzanne McLaughlin who will give us the scoop. A
I cannot think of any city in our area prohibiting any homeowner to rent out their home.
There is a lot of news about this right now. This comes down to a Constitutional issue of Private Property Rights.
Way too much government control, when will it end.
I live a ways from there but had not heard of this. I do know many towns and cities do have some requirements.
Being a college town I can see that there may be some restrictions in numbers
That will be interesting to see what happens... can't even imagine that restriction.
Thanks for this interesting information.
parked and reading
Caroline Gerardo I never heard of this. A State regulating how many homeowners can rent their property and needing a license on thop of it.
Here in NH you do not need a license to rent your own home, but need one to rent some one elses
Why would you need a license to sell or rent your own property?
Interesting. Thank you for bringing this to our attention.
Good morning Caroline. I don't even see how that would be legal. If a city attempting to enforce that law, I just don't see how it could be enforced.
I have never heard of such a thing... I would think NAR and Realtors on MN would be fighting this... what about the rights of private property owners? wow!
I think that it probably creates a disadvantage for many unsuspecting tenants.
When you own a home, no unnecessary restrictions on how you use it is not a good thing.
Great answer Joan!
This has been in effect for a few years. Winona is a 2 college town and is trying to keep home values up. A couple of cities around the Twin Cities tried to do this also.
La Crosse has a bad problem with neighborhoods that are going down hill. La Crosse has about 50% of their homes as rentals. The city toyed with the idea of doing the same thing, but the landlord block is strong here. Instead all rentals have to be registered and inspected yearly. If they pass inspection in successive years, they only have to be inspected every couple of years.
In a way, I think the scarcity of rentals in Winona has driven up the prices of the rentals.
Sorry, I am not familiar with MN laws. Ron and Alexandra Seigel gave you name who may be able to weigh in.