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Video: Short Term Rentals

VAR’s Laura Farley addresses the regulatory landscape of short term rentals in Virginia, including:

  • The exclusion from the Virginia Residential Landlord Tenant Act for tenants renting property that is not their primary residence.
  • Using web based platforms to advertise short term rentals, including licensure requirements and required disclosures.
  • Discuss with your client any money that may be held by a third party (besides yourself).
  • Unlicensed individuals, except current tenants residing in the property, cannot be paid referral fees.