Pending Short Term Vacation Rental Regulation in Broomfield, CO

Broomfield, Colorado will join many cities in attempting to regulate the burgeoning short-term rental market. Ideas have been that have been proposed include licensure, occupancy restrictions, and primary residence clauses. Short-term rentals can be a great way to earn extra income from properties that one may already own, however these are business ventures and should be treated as such. Businesses are required to obtain permits and licenses. Often, they are [...]

By |2019-09-04T20:26:02-06:00September 17th, 2018|Property Managers, Regulations|

Reduce the likelihood of a liability claim at your Vacation Rental

Firstly, verify your insurance policy has adequate liability coverage for the risk you are undertaking. If you operate a short term vacation rental, and you live in a city or county that has requirements for vacation rentals- ensure you are compliant with local regulations. These regulations generally require you to carry 500k of liability coverage, however some communities require up to 1 million dollars’ worth of liability coverage. Generally speaking, [...]

By |2019-09-04T20:26:58-06:00September 3rd, 2018|Home Sharing, Property Managers|