Positive Pay is a fraud prevention tool that protects real estate investments by verifying checks before they clear, offering extra security.
Florida SB 280 – Regulation of Short-term Rentals
Regulation of Short-term Rentals in Florida could begin on July 1, 2024, if Governor DeSantis doesn’t veto this legislation.
Whether Governor DeSantis vetoes this pending legislation or not, similar regulations exist (or soon could) in other states and cities in the US.
1) The bill redefines state and local oversight of vacation rentals.
2) “Grandfathered” local laws can be amended to be less restrictive.
3) The state preempts licensing and advertising of vacation rentals.
4) Local governments may require vacation rental registrations and fees.
5) Violations allow local fines and registration suspensions.
6) A vacation rental information system will be established.
7) Advertising platforms must display rental license numbers.
Pressure is on Gov. DeSantis to veto this bill by property investors (in short-term rentals), real estate agents, and management companies.
Pressure is on Gov DeSantis by the Florida Restaurant and Lodging Association to allow the regulation of Short-term Rentals as described in Florida SB 280 legislation.
The votes on the bill in the Florida Legislature were Senate 23-16 and House 60-51.
It’s set to become law on July 1, 2024 (if not vetoed). Resistance to unregulated short-term rentals is growing nationally, not just in Florida.