The Real Estate Institute of New Zealand and the Queenstown Lakes District Council could reach a compromise over the council's short-term rental rules, institute Wakatipu branch president Richard Newman said.
Monday, April 11th 2005, 7:55AM
by The Landlord
In February the institute asked homeowners in the district to contribute to a possible legal battle against the council's controversial district plan rules covering holiday home and apartment owners who rented out their property for short-term accommodation.
President Howard Morley announced the institute was well down the track in investigating the legal aspects of the controversial Queenstown council rule.
The 1995 district plan council rule requires homeowners renting out houses for less than three months and to more than four people to have resource consent and pay higher commercial-based rates.
At its February meeting, the council strategy committee approved a new softer three-tiered approach, which meant those renting for up to six weeks a year would escape the net and not require resource consent and pay only a residential rate.
Those renting for up to 109 days would require resource consent and pay a mixed-rate use, while those renting out houses for 110 days or more would pay full accommodation rates and need resource consent.
