Refreshing our Recollection | READ THE BILL | Compensation for Local Government Ordinances that Affect Property Value

 

 

 

Michigan Legislature is considering HB4070 (2017-2018 | MI) which addresses land owner compensation in 3 ways:

  • Attorney Fees and Costs when a court determines a taking occurred
  • State Attorney General creates a list of governmental actions that results in a taking occurring
  • Can apply to rules, permits, applications and other governmental actions

Mackinac Center | House Bill 4070, Revise government eminent domain takings: Passed 76 to 31 in the House on March 28, 2017

 

 

Refreshing our Recollection| Open Legislative Season on Short Term RV Rentals | TRENDing new business model

Business: RVezy

What is RVezy​?

  • short term rental/sharing of RVs
  • including peer-to-peer insurance in 2017

Watch for regulations & legislation on:

  • permitting
  • licesning fees
  • taxes
  • insurance requirements
  • use and parking locations

Markets Insider | Another First for the RV Sharing Economy: Canada’s RVezy Launches IOS & Android Ap

Refreshing our Recollection | Read the Bills: State Preemption Short Term Rentals

Tennesee

  • HB1020 (2018 | TN)
  • allows local govenrments to ban or limit short term rentals by ordinance
  • grandfathers in existing short term rentals into local ordinances

Arizona

  • SB 1350 (2016 | AZ)
  • local governments cannot prohibit short term rentals
  • touted as “financial breathing room” for families

 

Washington Post | Political contests erupt as cities and hotel industry struggle to curb Airbnb

Lege TREND. Short Term Rentals. Events at Short Term Rentals = 2Unintended consequnce

Arizona passed a state short term rental law that requires cities to allow short term rentals. 2 unintended consequences:

  • Special Use Permitting by Cities for Events Some cities, like Mesa, are considering moving short term rentals that are used for events to a special use permit for events. Current ordinance does not allow residential properties to be permitted for special events.
  • Alcohol restrictions in special use permits, but not short term rental laws. If a special use permit is issued…

Kelo Fix loophole. Cities Using Eminent Domain to Boost Revenues? WHERE. WHAT. HOW.

WHERE: Illinois

WHAT: Condemning swaths of property as “blighted” to redevelop the property as higher tax revenue. 

HOW is this happening when Illinois also prohibited eminent domain for economic development purposes? The blight designation in Illinois allows other neighboring, non-blighted properties to also be taken.

KPVI | Some Illinois cities eye eminent domain to boost revenue

Local TREND. Opposing Eminent Domain that benefits Developers. WHERE. What. HOW.

WHERE: East Brunswick New Jersey

WHAT: A policy proposal by Republican Candidates for Council and sitting council members to stretch to the tax dollars by limiting “giveaways” to developers

HOW: By prohibiting eminent domain to benefit developers

East Brunswick Neighborhood News | East Brunswick Republican Candidates Release Plan to Stretch Tax Dollars

Lege TREND. States with enacted statewide short term rental legislation. Compare. Contrast. The Bills.

Tennesee

  • HB1020 (2018 | TN)
  • allows local govenrments to ban or limit short term rentals by ordinance
  • grandfathers in existing short term rentals into local ordinances

Arizona

  • SB 1350 (2016 | AZ)
  • local governments cannot prohibit short term rentals
  • touted as “financial breathing room” for families

 

Washington Post | Political contests erupt as cities and hotel industry struggle to curb Airbnb

 

Local TREND. 8 Point Local Ordinance in Golden State with Fire Extinguishers + Tier 2 restrictions.

Long Beach proposed short term rental ordinance will require:

  • Register with the city
  • Provide a local 24-hour contact
  • Post city requirements in the unit
  • Provide a map of fire extinguishers and escape routes
  • Get at least $1 million in property liability insurance
  •  12 percent transient occupancy tax rate
  • City Nuisance regualtions apply
  • 3 violations in 12 months, 12 month suspension from operation

What are tier 2 restrictions that are being talked about?

  • prohibit large-scale events
  • 10…

3 Reasons. Change of Heart. Colorado Eminent Domain Proposition from Oil and Gas + Farm Bureau.

The Colorado Gazette did a 180 on its position on the “private property rights” constitutional amendment 74, prop. 101, supported by the Farm Bureau and oil & gas interests.

The proposition question: “Shall there be an amendment to the Colorado constitution requiring the government to award just compensation to owners of private property when a government law or regulation reduces the fair market value of the property?”

Why the 180?

  • too broad that it threatens property rights
  • costly to…

Business TREND. Property Rights + Medical Housing. Sharing Economy meets Health Care.

What business? Airbnb launches a Medical Care Housing Program on its OPen Homes PLatform

What will the platform’s goals?

  • free, temporary housing for patients and their families traveling for treatment or respite stays
  • a feature for people to volunteer their homes on Airbnb and evolved from an Airbnb property owner who wanted to share their home for free after Hurricane Sandy

Cure Today | Airbnb Announces Medical Care Housing Program at Biden Cancer Summit