Eliminating Vacation Short-Term Rentals outside city limits will have to wait until at least March for a decision
Despite a majority of Lincoln County voters deciding they don’t want short-term rentals (STRs) outside Lincoln County city limits, the vacation real estate industry and individuals that own short-term rentals also outside city limits, have filed a lawsuit to stop the elimination of short term rentals period – the ones outside city limits.
A number of STR owners filed an injunction in court seeking to preserve their vacation rentals, if not buying more. It’s estimated there are hundreds of STRs throughout Lincoln County. The judge gave everyone roughly three to four months to figure things out. As it stands, Short Term Rentals (outside city limits) will have to be converted back to regular long-term housing within five years.
Short Term Rental companies will be analyzing the situation to see if there is any way around what the majority of voters said they want – namely quiet and pleasant neighborhoods – not regular homes transformed into Short Term Rental “motels” which are known for their boisterous parties, clogged street parking and over-stuffed trash cans that send various quantities of trash blowing down the street. The coast is known for being frequently windy.
Again, STR companies are hoping to “get around the results of the vote” so they can continue expanding their number of short term rentals. We’ll see if the vote sticks. If the vote sticks, short-term-rental owners who own properties outside city limits would eventually have to sell their properties to home buyers or long term renters and do it within five years.
It’ll be interesting to see how all this turns out.