Short Term Rental Ordinance Hits NPUs
October 9, 2020
An ordinance to ban short-term rentals (STRs) in essentially all residential neighborhoods in the City of Atlanta is being discussed and REALTORS® have a chance to be heard.
Council member Howard Shook introduced an ordinance to prohibit STRs in residential neighborhoods in the city. Because this falls under a zoning regulation, all Neighborhood Planning Units, NPUs, have to review the ordinance. These discussions will be held during the months of October and November.
Councilman Shook’s legislation is unnecessary and could be harmful to the real estate industry. What he does not realize is that tools like sales leasebacks that are common in real estate transactions would be banned. His goal of stopping wild parties can be accomplished by enforcing the codes that are currently on the books. For our members that live in the City of Atlanta, we are asking you visit your next NPU meeting to voice your opposition to this measure as written. To see your NPUs schedule and agenda click here.
- Noise and other disturbance violations can be enforced through current city code.
- Sales leasebacks, a frequent real estate tool, would be banned.
- STR platforms are working to prohibit “party houses” on their platforms.
If you have any questions, contact Governmental Affairs Director Aaron Johnson at (404) 732-0631.
About the 400N Market Brief
The 400 North Association of REALTORS® (400N) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS). For more information on details of this month's report, please contact the Association at 770.845.4008.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the 400 North Association of REALTORS®
The 400 North Association serves as a central source of information for our members and our main focus are real estate education, the promotion of professionalism in our industry and representing our REALTOR® members with legislative initiatives to create positive change for the real estate community. Throughout its history, the 400 North Association has exerted its influence in civic affairs in its capacity of representing a substantial segment of the business community across the Forsyth, Dawson and Lumpkin area. The Association has contributed to various charities over the years by hosting fundraisers.
About First Multiple Listing Service
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