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Village of Oak Creek Association to Vote on Short Term Rentals

Posted By Wally Reule @ Oct 30th 2016 4:45pm In: Sedona Real Estate Market News

As I have reported in the past, Arizona Senate Bill 1350 banned the imposition of restrictions on short term rentals by local municipalities. Sedona had such a law in place, but that will no longer be enforceable at the end of this year. Now the only way to impose a ban is through a Home Owners Association. If such a ban is already in place, it's not an issue. But if it is not, the only way is to amend the HOA Declarations, which will require a statutory higher vote than a simple majority. The Village of Oak Creek Association has scheduled such a vote for November 10. It will be interesting th see the result.

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