Sentences with phrase «transient occupancy»

So if the state sees VRs as offering transient occupancy, then it follows that it doesn't see them as offering the property for lease or rent, and as such, the restrictions quoted in the real - estate broker code wouldn't apply, since the property manager is offering the property for transient occupancy and not for lease or rent.
@Jared Higginbotham - One exemption in Florida is codified in FS 475.011 which specifically exempts «Any person, partnership, corporation, or other legal entity which, for another and for compensation or other valuable consideration, rents or advertises for rent, for transient occupancy, any public lodging establishment licensed under chapter 509.»
Oh, and there's a 12 % transient occupancy tax that Airbnb (or sometimes the owner if not using a third party) will pay to the city.
The transient occupancy tax in Truckee generated $ 1.8 million in the last fiscal year, about 9 percent of the city's general fund revenues.
Since 2010, the city has assigned three full - time employees to identify short - term rentals within the city's boundaries and ensure that they are paying the city's transient occupancy tax.
Our business contributes significantly to the county's «transient occupancy tax» («TOT»), which collected more than $ 1.2 million in 2015 for our community.
Base Rate is subject to a 14 % transient occupancy tax.
All room rates are subject to a 14 % transient occupancy tax per night.
Local tax revenue of over $ 1.3 million, most of which is Transient Occupancy Tax (TOT) generated by hotel occupancy.
The agency enforces state rules that ban transient occupancy, and the added funds would bring its budget to $ 6.8 million and allow it to increase its staff to 47.
Under Mayor Bill de Blasio, the city has ratcheted up its enforcement of the state's transient occupancy law, which forbids the rental of most apartments for fewer than 30 days unless a permanent resident remains on premises.
Then it dawned on him that his long - term tenants might be responsible, despite a clause in their lease barring them from using his place for transient occupancy.
San Francisco is already one of a handful of markets where Airbnb guests pay the same 14 percent «transient occupancy tax» they would if they were staying at a hotel.
If the aim is to encourage anyone with residential space to offer it as housing rather than hotel rooms, the higher the transient occupancy tax, the stronger the incentive gradient.
The loss would stem from a dip in transient occupancy taxes Airbnb remits on behalf of hosts to the city, according to Airbnb spokesman Christopher Nulty.
Editor's note: This story has been updated with the following correction: Airbnb hosts pay transient occupancy taxes, which Airbnb then remits to the city.

Not exact matches

A Manhattan Judge ruled that a single - room - occupancy hotel on the Upper West Side must stop renting short - term rooms out to transients and tourists — after attorneys for the building's tenants filed suit alleging the company was in violation of a March court ruling that said units could not be rented for less than 30 days.
Relying on the advice of the Corporation's legal counsel, the Board proposed amending its rules to «broaden the definition of «single family» accepted by the Ontario Court of Appeal, while at the same time, making it clear that multiple, unrelated, transient tenants did not fall within the expanded definition» and to grandfather all existing occupancies that did not fall within that broader definition.
In another example, The Rainmaker Group's Vice President of Consulting Erik Browning described an island resort that was both repositioned and re-keyed (the rooms were restructured) to focus less on single or double occupancy «transient rooms» and more on larger suite - style or group rooms.
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