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Parksville property owners get exemption from short-term rental rules

Summary by Ground News
The B.C. government clarified exemption requirements for strata hotels and motels. The new rules, which come into effect on May 1, would require short-term rentals to be in an operator's principal residence only. Municipalities can choose to opt out if their community has a rental vacancy rate of three per cent or more for two consecutive years.

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Vancouver SunVancouver Sun
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Parksville property owners get exemption from short-term rental rules

Many Parksville property owners are breathing a sigh of relief after the B.C. government granted an exemption for the popular resort community just over a month before new provincial short-term rental regulations take effect.

·Vancouver, Canada
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Vancouver Sun broke the news in Vancouver, Canada on Thursday, March 28, 2024.
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