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4. Santa Fe County STR hosts must register under new ordinance

Maureen Salahshoor Denver, CO

December 21, 2022

Short-term rental (STR) hosts in Santa Fe County, New Mexico, will need to get a license to operate under a new law. While the measure went into effect on November 25, 2022, operators have until March 15, 2023, to register their vacation rentals.

The ordinance divides short-term rentals into two categories:

• Owner-occupied is defined as a dwelling that is that is the owner’s primary residence or an accessory dwelling unit (ADU) on the same property. Owners must live in a home for at least 275 days in a 12-month period in order for it to qualify as a primary residence. The annual business registration fee for owner-occupied properties is $35, and only one registration is allowed per owner.
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• For Non-owner occupied properties, the registration fee is $375, with a renewal fee of $300.

The new measure also establishes a one-year moratorium on new licenses for non-owner occupied vacation rental properties that are acquired after the law’s effective date of November 25. The county plans to further study issues related to STRs within that time frame.

Read on to learn more