« Another Condo Auction | Main | Fifteen Twenty One Opening Ceremony »

November 23, 2008

Elektra Update: Short Term Rentals OK

Exterior

Owners of vacation rental units in Elektra appealed the initial decision against the practice of renting out units for short stays last month.  The hearing examiner ruled that the city could not enforce a 30-day minimal stay and VRUs owners won the appeal. This decision will probably upset some owners in the building who are concerned with alleged risks they believe are associated with temporary visitors. 

Read all the legalese on the hearing examiner's decisions here

(Update 03/02/09: I received an email from a resident, Tika Bordelon regarding the status of the appeal.

"The VRU owners had two current appeals and one was "thrown out of court" for essentially being frivolous. The other one is still going through the process but it doesn't look good for them. Many have either sold or converted to long term rentals. Our board attorney has been trying to keep us up to date of the situation, of course, at the end of the "findings and decisions" from the city it states

"...THE DIRECTOR'S CONCLUSION THAT SHORT TERM RENTAL OF THE ELEKTRA CONDOMINIUM UNITS IS NOT A PERMITTED ACCESSORY USE..."

Patrick downs, the city attorney connected to this case and also our lawyer and board all agree that it is illegal to rent for less than 30 days in the Elektra. after that they just become "rentals". The three main VRU companies:)

www.seatoskyrentals.com
www.seattlesuite.com
www.pikeplacesuites.com


They now say on their sites that their elektra properties have a 30 day minimum")

 

Related post:

Elektra: Does your condo building come with VRUs?

 

Bookmark and Share

About Wendy

Comments

 

Looking for more Seattle condo news?

Read Wendy's most recent posts:

 

 

 

Enter your email below for automatic Seattle Condo Review email updates.

Your email will not be used for any other purposes. You can 1-click unsubscribe any time.

 

 

 

Wendy Leung Seattle Condo Realtor

Contact Wendy

(206) 925-3018

About Wendy  

 

Bookmark and Share

 

 Subscribe in a reader

 

Real Estate Market Chart by Altos Research www.altosresearch.com

 

 

 

 

 

     

     

     

    Seattle Condo Map

    • Seattle Condo Map

       

 

Unbiased Promise

  • SeattleCondoReview.com is a service of Wendy Leung, a Belltown condo resident-owner and full-time Realtor specializing in Seattle condo purchases and sales with John L. Scott.

     

    Wendy is not directly affiliated with the development projects reviewed on this site.

     

    Wendy welcomes fact sheets and other pertinent information from Seattle condo marketers to be considered for reviews. To preserve Seattle Condo Review's unbiased point of view, Wendy does not accept any offers for marketing sponsorship or site advertising requests.

 

Looking for a Specific Condo?