New Arizona Law Regulating Short-Term Rentals

Question: My husband and I are both retiring this year. We want to buy an expensive condominium in north Scottsdale and convert our Tempe home near ASU into a short-term rental (“STR”). We need the STR income from our Tempe home to fund our retirement. We have been reading that a new Arizona law allows…

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Seller Didn’t Disclose the Short-Term Rental Next Door

Question: In the purchase contract for the sale of our Chandler home, there is a provision giving the right for a 10-day inspection. The purchase contract also said that the sale was “as is,” and “no repairs.” After the 10-day inspection period, the buyer deposited $35,000 earnest money with the escrow company. The 10-day inspection…

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Spring-Training Rental Makes This Property Owner Happy

Question: In your column you are always criticizing short-term rentals. We are retired and have a nice Peoria home near the baseball fields. During spring training season, we rent our Peoria home for six weeks to out-of-state baseball fans who support the baseball teams in the area. During these six weeks we stay with my…

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