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Short-Term Rental (STR) Regulations
In Charlotte, NC, Short Term Rentals (STRs) are regulated by the city's zoning ordinances and the North Carolina Vacation Rental Act. Here are some key regulations that an investor should be aware of before purchasing a property for STR in Charlotte:
1. Zoning regulations: Charlotte has specific zoning regulations that govern where STRs are allowed to operate. Investors should check the zoning of the property they are interested in to ensure that it is zoned for short term rentals. Some neighborhoods may have restrictions on STRs or require special permits.
2. Permit requirements: In Charlotte, STR operators are required to obtain a Short Term Rental Permit from the city. This permit must be renewed annually and comes with a fee. Investors should be aware of the application process and any requirements for obtaining this permit.
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