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Thinking of Renting Your Second Home or Condo?

Posted by Benjamin Dona on Wednesday, August 17th, 2016 at 5:49pm.

What You Need to Know if You Are Considering Signing Up with VBRO

Photo of Michael Lehnert

IMG_3202Relatively recently, sites like VRBO have revolutionized how people travel. They also have made it easier for the average person to rent out their home without the need for professional assistance.

Are you considering renting your second home or condo during this fast-approaching Southwest Florida tourism season? If so, have you considered that you might be fined if you don’t have a license?

What You Need To Know

Florida law requires anyone in Florida renting a home to guests more than three times a year for stays which are less than 30 days to have a license. This means most of the people listing their homes on VRBO or otherwise advertising their house as available for rent to the public need to get a license from the DBPR- Division of Hotels and Restaurants.

The license fee to rent out a single family home is relatively inexpensive – approximately $250. A copy of DBPR’s fee schedule can be found here. However, while the cost of licensure is low, the fines for violating the law by not having a license, among other things, can be rather steep.

Bottom Line

If you want to be ready to rent your house during this upcoming season, you can find the application for a vacation rental here, or, if that doesn’t apply to you, a list of all of the licenses can be found here.

Make sure you apply for your license early so you can make the most of this upcoming season.

 

Image Courtesy of Gail Lamarche

Reprint by Permission


About the Author

Gulf Coast Associates, RealtorsBenjamin Dona is the Broker and Owner of Gulf Coast Associates, Realtors in Bonita Springs, Florida. He holds two advanced degrees, an MBA and an MA, and has an extensive background in both business and marketing. In 1998, he founded Gulf Coast Associates, and formed a group of like-minded Realtor® associates dedicated to offering professional Southwest Florida real estate services by concentrating on information, education and the use of leading edge technologies. He also is a recognized expert on the "Net," a much-quoted and read blog author, and a contributor to both national and international news outlets. Benjamin is a member of the National Association of Realtors, the Florida Association of Realtors, and numerous local real estate boards throughout Southwest Florida.

Contact Benjamin Dona at 239-948-3955



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