Short & Long-Term Leasing

Owners have the right to short-term or long-term lease homes subject to certain circumstances. Requirements include:

• An owner shall not be allowed to Lease or otherwise rent for more than a total of six (6) times in any calendar year (i.e., no more than 6 different reservations).
• When the consideration (rental income), exceeds five hundred dollars ($500) in one calendar year, the owner must pay a 3% Real Estate Transfer Assessment (RETA) fee to the HOC and provide documentation of rental income.
• All leases shall be in writing and cover the entire residence (i.e., no leases of bedrooms alone). Copies must be provided to the HOC.
• Short-term rental (less than 30 days) owners must complete a HOC application (link below).
• Dogs are not allowed in short-term-rentals, (except service dogs supported by the appropriate documentation and copies provided to the HOC in advance of a reservation).
• No timeshares or interval ownership is allowed.
• Owners & tenants are responsible for tenant compliance with all existing HOC Rules & Regulations.
• Owner must have a San Miguel County issued short-term rental license.

Click the following links to download the applicable long & short term lease regulation.

Click the following link to complete a HOC short-term-rental application.