With easy access to outdoor activities including lakes and hiking trails, Lake Geneva has grown into a popular vacation spot. With this growth, the City recognized the need for short-term rental guidelines and accepted new short-term rental laws.
New Short-Term Rental Laws for Lake Geneva Hosts
The City settled on a number of requirements for hosts when applying to operate a short-term rental. All following documents and payments must be received before an application is accepted:
- State of Wisconsin Tourist Rental House License
- City Room Tax Application Form with payment of $10.00
- City Business license application with payment of $25.00
- An administrative fee currently $750 annually
- Proof of valid property and liability insurance for the dwelling unit. The insurance must show appropriate proof of the home’s use as a short-term rental.
The City also requires specifics for the property including a floor plan of the dwelling and a site plan including parking spaces and trash storage areas for guest use.
Push Back on New Short-Term Rental Laws
Geneva Lake has received significant push-back from the local body over the new short-term rental laws. Three particular short-term rental hosts took their concern up a notch by filing a lawsuit against the City, asserting the new short-term rental laws are an infringement on their personal rights as property owners.
Short-term rental laws have become a compromise as the City cannot outright ban vacation rentals. The City simply hopes these changes will help to stabilize a local economy disrupted by transient renters.
On the other hand, short-term rentals are an asset to the community as it drives business to local shops and stores.
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