Are you currently or planning to rent-out your home with short-term services like HomeAway, VRBO or others? If so, changes to our CC&Rs require a minimum 30-day rental period. There is a “grandfather clause” for properties that were used as short-term rentals before July 1, 2018.
The approved Amendment No 2, adopted by the Association membership in May 2019, under ARTICLE X, PROTECTIVE COVENANTS Section 1. Residential Use. states: “No building or structure of any kind whatsoever other than a single family dwelling house, private garage, guest home, and related outbuildings shall be erected on any Tract. All buildings and structures shall be used for residential purposes only. All Tracts in Lonesome Dove Ranch are designated residential.
No dwelling house or guest home may be leased for less than thirty (30) days, EXCEPT THAT any dwelling house or guest home that was being leased for less than thirty (30) days as of July 1, 2018, may continue to be leased until such time as the Tract is sold or transferred to a third party. When such Tract is sold or transferred to a third party, all such leases shall terminate and no additional leases for less than 30 days shall be allowed.”
If you are or have been renting your home as a short-term rental, you may owe the state some tax money.