Many buyers of property in Palm Springs purchase with the intention of renting out the property full or part time until they are ready to retire to it. This can be a very lucrative proposition. It is a great way to pay for a big part of your eventual retirement home or just a smart real estate investment. It is simply important to follow the city Rules on Vacation Rental Regulations.
In an effort to manage the temporary occupants of these vacation properties the city has established a hotline. It is 760-833-7988. If you are experiencing problems in your neighborhood with a vacation rental you can call to report the problems. In any non emergency situation please use this number rather than calling the police department.
Important Rules and Regulations for Vacation Rentals:
Occupancy limits based on number of Bedrooms a studio is 2 people, a one bedroom is 4 people, a 3 bedroom is 8 etc. Noise – no outdoor amplified music is allowed, You must register the property with the city via Short Term Vacation Rental Registration Permit (a one time $25 fee) and the yearly Vacation Rental Registration Certificate (an annual $60 fee). There are Transient Occupancy Taxes (TOT) due on rentals of less than 30 days.
If you are using a rental agency to manage your vacation property they should be willing to help you with this. If you are doing it on your own be sure to contact the city of Palm Springs to make sure you are in compliance.
You can visit the Vacation Rental department of the City on the Web here.
Finally it is important to keep in mind that for homes and condos located inside communities with Homeowners associations there may be additional restrictions from the association.
(While this blog is specifically about the city of Palm Springs most Desert Cities have similar policies and procedures for the management of vacation rentals.)