Short Term Rental Update

Breckenridge Short Term Rentals

breckenridge

Here are the different scenarios for properties who are interested in filing for a short term rental license based on closing dates:

Property goes under contract after 9/28 and closes before 11/2/2021 – the deed has to be dated no later than 11/1/2021, the new owner can apply for a license after they sign the deed but prior to 11:59 pm on 11/1/2021 here.

Property goes under contract on 9/28 or before, the closing is before 11/2/2021, and the seller does not have a current license – the deed has to be dated no later than 11/1/2021, the new owner can apply for a license after they sign the deed but prior to 11:59 pm on 11/1/2021 here.

Property goes under contract on 9/28 or before, and the seller has a current license – the buyer has six months from the date of going under contract to close on the property, and they can apply for a license within 20 days of closing.

Property goes under contract on 9/28 or before, and is closing 11/2 or after and the seller does not have a license.

  • Property without a valid STR license goes under contract on or before September 28
  • The seller applies for a license prior to 11:59 pm on 11/1/2021. The application is completed and the fees are paid prior to closing.
  • Property closes and title is transferred sometime after 11/2.
  • At the time of title transfer, the seller has a valid STR license so the exemption we discussed applies and the new owner can apply for and receive a STR license regardless of the cap. (as described in option 3 above)

Property goes under contract after 9/28 and doesn’t close until 11/2 or after – the new owner can apply for a license and will be put on a waiting list until the current number of licenses goes below 2200.  The town will offer a temporary 6-month license to accommodate existing reservations. No license or other options will be available.

Questions: Please reach out to Bela Del Valle, Accommodations Compliance Administrator at the Town of Breckenridge at belad@townofbreckenridge.com or 970-547-3101 with any questions.

Summit County Short Term Rental Regulations

Summit County is updating its short-term rental regulations to address housing availability and neighborhood character and compatibility. These regulations will pertain only to unincorporated Summit County, which includes all areas outside of town limits, including but not limited to Copper, Keystone, Summit Cove, Peak 7, and Wildernest.  Further information is available at Summit County Gov. 

Published by Paula Stanton

Resilient, Compassionate, Intuitive with a passion for all things Real Estate. Nature and the Outdoors are my daily recharge and my core strength ... and beyond all else, a source of beauty and peace. My mantra is "All you put off by procrastinating is success" and I try to empower myself with that each day.

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