Newspaper article The Record (Bergen County, NJ)

Assembly Panel Passes Bill Regulating Rental Property

Newspaper article The Record (Bergen County, NJ)

Assembly Panel Passes Bill Regulating Rental Property

Article excerpt

Legislation sponsored by Bergen County Assemblywoman Valerie Vainieri Huttle intended to address the lack of regulation in short- term rental properties by online marketplaces such as Airbnb was released Monday by an Assembly panel.

Several Bergen County municipalities have adopted ordinances requiring a minimum stay of 30 days, effectively banning transient rentals. The bill would codify that municipalities are authorized to approve such ordinances, while also creating a licensing and regulatory scheme.

"The current practices of short-term rental businesses lack the necessary safety precautions for our municipalities," said Vainieri Huttle. "We want residents and tourists to enjoy the options provided by companies like Airbnb, but not at the expense of neighbors who live there on a permanent basis. …

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