The Association of Property Owners of The Hideout, Inc. PROPOSED BYLAW AMENDMENT Proposed at Board of Directors Meeting on May 14, 2022
Article IV, Section 9 - Owner Rental Rights and Restrictions (NEW) 1.
Beginning January 1, 2023, the following guidelines for rentals shall be implemented and enforced: a)
“Short-Term Rental” shall be defined as any rental of a single-family dwelling for no more than 28 consecutive overnights.
b)
The rental period shall follow the calendar year of January 1 through December 31.
c)
Members desiring to rent their single-family dwelling on a short-term basis must enroll in the short-term rental program prior to any rental by submitting the necessary paperwork and the enrollment fee established by the Board of Directors.
d)
The initial fee to register for short-term rentals with The Hideout shall be $1,000.
e)
Enrollment in the short-term rental program must be renewed by members each calendar year prior to any rental in that year by submitting the renewal fee established by the Board of Directors and confirming the accuracy of the information on record.
f)
The annual fee to renew short-term rental enrollment with The Hideout shall be $500.
g)
Enrollment in The Hideout’s short-term rental program is not transferrable. If there is a change in ownership of a lot, any new owner desiring to rent their single-family dwelling on a shortterm basis must begin the registration process anew prior to renting.
h)
Members must register each and every renter and anyone accompanying a renter into The Hideout through submittal of the necessary paperwork and applicable fee to The Hideout.
i)
No short-term rental agreements may be assigned, sublet, transferred or shared between two separate entities or parties.
j)
Any single-family dwelling registered for short-term rental that receives three (3) citations for violating any Hideout governing document within a calendar year shall be denied the ability to rent that property for one (1) year starting from the date the third citation was issued.
k)
The fee schedule for short-term rentals shall be determined by the number of nights a party is occupying the rental property as follows: 1-3 overnight = $150 4-7 overnight = $175 8-14 overnight = $205 15-28 overnight = $475
l)
Members may rent their single-family dwelling on a short-term basis no more than ten (10) times per calendar year.
m) The Board of Directors is empowered to only increase the fees set forth herein by majority vote after consultation with the Budget Committee.