Keller Williams Greater Seattle, Ben Kakimoto, Seattle Condo Agent

DPD Says No to Short Term Rentals

By on July 20, 2008 in Condo News, Real Estate with 0 Comments

The Department of Planning and Development recently ruled that short term rentals are considered commercial activity, and therefore, prohibited from multifamily zoned structures, i.e., condos.

According to the Daily Journal of Commerce, a group of unit owners at the Elektra Condominium requested interpretation of the code after the city began enforcing the code against owners who rented their units for less than 30 days periods. Though, the code does not specifically state a minimum length of stay for a occupancy usage to be considered commercial.

This ruling may be applicable to the 1 Hotel project, in which case, 1 Hotel’s hybrid condotel units will be a thing of the past. It’ll also affect owners in the handful of downtown area condominiums that don’t have restrictions on rental length.

Tags: ,

About the Author

About the Author: Ben Kakimoto is a Seattle condo and urban real estate marketing & listing specialist. Contact Ben to learn more about the Seattle condo and loft real estate market or about buying or selling a Seattle area condo. Find Ben on Google+, Twitter and Facebook. .

Subscribe

If you enjoyed this article, subscribe now to receive more just like it.

Post a Comment

Your email address will not be published. Required fields are marked *

Top