Short-Term Rental (STR) Regulations
1. Ocean City, MD has specific regulations in place for short term rentals, which are defined as rentals for less than 30 days. These regulations are designed to ensure the safety and well-being of both residents and visitors.
2. Investors looking to purchase a property for short term rental in Ocean City should be aware that they will need to obtain a rental license from the city in order to legally operate their rental property. This license must be renewed annually.
3. There are also specific zoning regulations in place for short term rentals in Ocean City. Investors should ensure that the property they are considering purchasing is zoned for short term rentals before making a purchase.
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