Lege Trend: Short Term Home Rentals

California legislature is considering “SB 593, which would require such “hosting platforms” to give cities and counties the addresses of rental residences, the number of nights the sites were occupied and the amounts the renters paid.” 

The big players in this business, Air BnB, and Homeaway, are hiring up. California lawyer types are thinking of it as a new test for the sharing economy- ride share, home share, etc…

How much flexibility you have with using your home & land may be a legislative session away. Will state regulation, limiting your ability ti put your home to the highest and best use, amount to an inverse condemnation? 

The Recorder