This bill mandates that the owner of a transient accommodation, or their agent, must be present at the property during the duration of any short-term rental agreement, unless the rental period exceeds 30 days or there is a written agreement stating otherwise. A civil penalty of $1,000 will be imposed for each violation of this requirement. Furthermore, the bill stipulates that transient accommodations can only have one short-term rental agreement active at any given time, with a similar civil penalty of $1,000 for violations of this rule.

The definitions provided in the bill clarify what constitutes a transient accommodation, including various types of living spaces that are rented through a transient space marketplace or are professionally managed units. The bill aims to regulate short-term rentals more strictly, ensuring that owners are accountable and present during rentals, thereby enhancing oversight and potentially improving safety and compliance within the transient rental market. The provisions of this act will take effect on the first day of the first month following its enactment.