Short-Term Rental (STR) Regulations
As of September 2021, Clovis, CA does not have specific regulations in place for short-term rentals (STRs). However, it is important for investors to be aware that the city may implement regulations in the future, as the popularity of STRs continues to grow.
Investors should also be aware of any homeowner association (HOA) rules and regulations that may restrict or prohibit STRs in certain neighborhoods or developments. It is important to thoroughly review any HOA documents before purchasing a property for use as an STR.
Additionally, investors should consider the potential impact of transient occupancy taxes (TOT) on their investment. TOT is a tax imposed on guests who stay in hotels, motels, and other short-term lodging accommodations. While Clovis does not currently have a TOT in place for STRs, this could change in the future.
Overall, investors should thoroughly research and understand the current regulations and potential future changes related to STRs in Clovis before making a decision to purchase a property for short-term rental purposes.