[Courtesy of Councilwoman Susman’s Newsletter]

Denver is implementing new rules for short-term rental (STR) licenses which went into effect last week (4/8/2019). These include new insurance requirements, notification requirements for regular home or renter’s insurance carriers, notification requirements for those who live in a HOA, and a requirement to keep the Department of Excise and Licenses (EXL) apprised of their local responsible party. Additionally, EXL has a new enforcement mechanism that went into effect. Under the new “good cause” mechanism a STR license can be revoked or sanctioned, and an application for a new license can be denied if a rental property is found to be adversely affecting the public health, safety, or welfare of the immediate neighborhood in which the property is located.

Find out more about these new rules.