Ventnor Commissioners Want Rentals To Pay Mercantile Fee

ventnor rental vacationVentnor property owners who rent their homes on a short-term basis, may soon be required to obtain a mercantile license.

The proposed ordinance was introduced at the Dec. 13 Ventnor Commissioners meeting.

Ventnor Commissioners want to track & regulate short-term rentals.

Over-crowding, noise and other, unruly renter behavior may hopefully be curtailed by this ordinance.

The Ventnor mercantile / rental fee would be $100 per year and will force property owners to provide personal contact info.

If adopted, the ordinance will affect all rental leases shorter than 30 days. This could include all those who rent privately, use a real estate agent, or utilize online platforms like AirBnB and VRBO.

If property owners consistently lease to unruly and nuisance renters. Ventnor Commissioners want the ability to revoke the rental mercantile license.

Repeat offenders will no longer be able to offer their property for short-term rentals.

If passed, the ordinance will prohibit operate a rental business for less than 30 days without first obtaining a mercantile license.

The Ventnor mercantile rental license will allow the Ventnor code enforcement officers to access the property to determine compliance. Violations are subject to fines.

Related Posts

2 thoughts on “Ventnor Commissioners Want Rentals To Pay Mercantile Fee”

  1. IF THE VENTNOR COMMISSIONERS REALLY WANT TO INCREASE ALL REAL ESTATE PROPERTY VALUES AND ARE THINKING LONG TERM ( PAST THE MAY 2020 MUNICIPAL ELECTION ) THIS NEW REGULATION COULD DO JUST THE OPPOSITE . ANOTHER LEVEL OF BURACATIC REGULATION & FEES WILL DISCOURAGE INVESTORS FROM PURCHASING IN VENTNOR AND INFLUNCE PURCHASING DOLLARS TO GO TO : MARGATE , LONG PORT, OCEAN CITY OR BRIGANTINE INSTEAD OF VENTNOR.

  2. Glad to hear that unruly behavior has attracted the attention of city hall. Caution is needed before jumping into over regulation that can back fire and have unintended consequences, burdening the owner and damaging property values. I think this conversation results from derelict properties attracting derelict tenants. The current certificate of occupancy process (and CO inspection) is obtained only after the tennant has signed the lease and taken the property in its current condition. Some derelict units fail a CO inspection for cleanliness and paint. But, the derelict tenant has already accepted living in those conditions. I say a CO inspection should be needed to obtain any type of rental licence. Setting housing standards which will attract quality tennants by raising the quality of our housing stock. I say, let them all come. Greater demand raises our rental rates, our property values and our quality of life. Let’s move in the right direction carefully.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.