Short-Term Rental Regulations in Seattle, WA 2018-05-24T17:16:49+00:00

Short-Term Rental Regulations in Seattle, WA

Short-Term Rental Regulations in Seattle, WA

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Seattle is a seaport city on the west coast of the United States. It is the seat of King County, Washington. With an estimated 713,700 residents as of 2017, Seattle is the largest city in both the state of Washington and the Pacific Northwest region of North America. In July 2013, it was the fastest-growing major city in the United States and remained in the Top 5 in May 2015 with an annual growth rate of 2.1%. In July 2016, Seattle was again the fastest-growing major U.S. city, with a 3.1% annual growth rate. The city is situated on an isthmus between Puget Sound (an inlet of the Pacific Ocean) and Lake Washington, about 100 miles (160 km) south of the Canada–United States border. A major gateway for trade with Asia, Seattle is the fourth-largest port in North America in terms of container handling as of 2015.

Summary of Short Term Rental Regulations

Primary goal

Balance the economic opportunity created by short-term rentals with the need to maintain supply of long-term
rental housing stock available at a range of prices.

Secondary goals

A) Ensure a level playing field for individuals and companies in the short-term rental market and
B) Protect the rights and safety of owners, guests and neighbors of these units.

Definitions

  •  “Short Term Rental” is a booked stay of 29 consecutive nights or fewer
  •  “Long Term Rental” is a booked stay of 30 consecutive nights or more (these stays are excluded from an
    operator’s cumulative Short Term Rental nights total)
  •  “Operator” is the rental host
  •  “Platform” is the online company that facilitates the rental (Airbnb, VRBO, etc.)

Basic Regulatory Framework

  • Requires a new Short Term Rental Operator’s license in addition to a business license. Limited to 2 dwelling units. *
  • *Existing STR operators will be exempt from these limits, for the continued operation of existing short-term rental units in specific areas within the Downtown, South Lake Union, and Uptown Urban Centers and for certain building types in the First Hill/Capitol Hill Urban Center;

Requirements of a Short Term Rental Operator License

  •  include the license number on any listing advertising or soliciting the property for use as a short-term rental
  •  a local contact number for guests,
  •  a signed declaration that the unit is up to code,
  •  basic safety information posted for guests in the unit, and
  •  annual license fee, per unit, of $75.

Requirements of a Short Term Rental Platform License

  •  to provide information about Seattle’s regulations to operators using the platform,
  •  provide booking services only with operators who have been issued a short-term rental operator’s license, and
  •  share basic data with the City on a quarterly basis, including
  •  the total number of short-term rentals listed on the platform, and
  •  the total number of nights rented through the short-term rental platform
  •  quarterly license fee based on the total number of nights booked on the platform,
  •  requires a new Short Term Rental Platform’s license in addition to a business license.
Link to the Detailed Short-Term Rental Regulations
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Article Sources:

SHORT TERM RENTALS REGULATION & LICENSING

https://www.seattle.gov/Documents/Departments/Council/Issues/RegulatingShortTermRentals/Regulating-Short-Term-Rentals_Summary_2017-09.pdf

SAN JOSE SUMMARY

https://en.wikipedia.org/wiki/Seattle

Posted By Noah Goldfeder

Marketing Team
Posted: Friday April 20th 2018

Short-Term Rental Regulations in Seattle, WA

Posted By Noah Goldfeder

Marketing Team
Posted: Friday April 20th 2018

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