For the purpose of this article, the following definitions shall
apply unless the context clearly indicates or requires a different
meaning:
Leaseback.
An arrangement where the seller of a residential property–that
the seller used as a residence–leases the property back from
the purchaser. In a leaseback arrangement, the specifics of the arrangements
are typically made prior or immediately after the sale of the home.
Rental.
The renting, leasing, bartering, trading, letting, or otherwise
allowing the use of all or any part of a residential property, including
a residence, residential structure, room or rooms within a residence
or residential structure, or amenities on residential property including
without limitation accessory structures, barns, swimming pools, tennis/sport
courts and other similar amenities on residential property. This shall
not restrict, limit or interfere with any homeowner from participating
in a leaseback upon the sale of a residence or residential structure.
Short-term rental.
The rental of any residence, residential structure, or residential
property or any portion of a residence, residential structure, or
residential property for a period of less than 30 days; this definition
includes the rental of amenities on residential property including
without limitation accessory structures, barns, swimming pools, tennis/sport
courts and other similar amenities on residential property.
(Ordinance 2023-08 adopted 4/4/2023)
All short-term rentals are hereby prohibited and unlawful within
the town.
(Ordinance 2023-08 adopted 4/4/2023)
(a)
A person commits an offense under this article if that person
owns or operates a short-term rental in the city.
(b)
Violation of the conditions of this article shall be punishable
by a maximum fine of $2,000.00 per violation, per day.
(c)
Each day of violation of said regulations of this article constitutes
a separate offense and is separately punishable, but may be joined
in a single prosecution.
(Ordinance 2023-08 adopted 4/4/2023)