The Town of Vail Finance Department has begun the notification process for renewal of short-term rental licenses issued in 2018 as well as reminders to register new properties. The 2019 requirements become effective Friday, March 1 for all short-term rental properties within the town boundaries. The registration requirement applies to anyone renting their Vail property or seeking to rent a property in Vail for less than a 30-day consecutive period.
After being enacted a year ago, the regulations have been streamlined to accommodate suggestions from the lodging community and property managers as follows:
- All short-term rental properties are required to complete the annual registration process with the town. This includes condo-tels which had previously been exempt. Condo-tels are lodging properties consisting of single-owned condos served by a full-time front desk.
- Annual registration fees are $150 per unit for individually rented units; $10 per unit for professionally managed properties; and $5 per unit for professionally managed properties with a 24/7/365 onsite manager.
- Short-term rental properties are required to have individual Town of Vail sales tax licenses and file periodic returns. Property managers and condo-tels may bundle short-term rental applications to the town.
- Property owners or managers must acknowledge life-safety, noise and parking requirements as well as a local property contact for emergency response.
The registration process is available online at www.vailgov.com/short-term-rental-license-applications.
To address potential neighborhood concerns, the town has established a 24-hour hotline at 970-331-0632 to report non-emergency issues, such as parking, noise or trash. The regulations require a response to complaints within 1 hour or the property may be in violation of town code and subject to a fine.
The fine schedule for violations is $500 for the first offense, $1,500 for the second offense, $2,500 for a third offense and a two-year prohibition of rental at a fourth offense. Failure to register a short-term rental property is also considered a violation.
The town’s Finance Department is available to assist with questions from first-time applicants by contacting Matthew VanEyll. In addition, the department will host an upcoming orientation session for property managers and managers of condo-tels to familiarize themselves with the new online registration process for multiple rentals.
The town processed applications for 695 short-term rental units in 2018.