If you're thinking about renting out an investment property in Orlando, it may prove to be a daunting endeavor. The legal and regulatory landscape is constantly changing, making it difficult to stay up to date and ensure compliance. Whether you're a homeowner looking to rent out your property for the first time or a seasoned professional managing multiple long-term rental properties, it's important to become familiar with Orlando's specific rules and regulations. In this article, we'll take a closer look at five important things you need to know when renting out an investment property in Orlando. We aim to give you the knowledge and confidence to successfully navigate the rental market.
Here are five important things to know before renting a property in Orlando.
Rental Permit: The City of Orlando requires landlords to obtain a rental permit for any property rented for more than 30 days. The permit must be obtained before the start of the rental period and ensures compliance with local housing and safety regulations. For more information on the permit application process, contact the City of Orlando Code Enforcement Division.
Rental Property Inspection Program: The City of Orlando operates a Rental Property Inspection Program for certain rental properties. This program requires inspection of rental properties to ensure compliance with local building and safety codes. Landlords must register their rental property and schedule an inspection. Contact the City of Orlando Code Enforcement Division to see if your property qualifies for this program and to learn about the specific requirements.
Occupancy Limits: Orlando has specific rules regarding occupancy limits for rental properties. These limits are determined based on factors such as number of bedrooms, square footage, and other criteria. Make sure the number of occupants in your rental property complies with any applicable occupancy limits set by the city.
Habitability and Maintenance: As a landlord, you have a legal obligation to maintain your rental property in a habitable condition. Ensure the property meets basic health and safety standards, such as functioning utilities, proper ventilation, and compliance with building codes. Respond promptly to maintenance and repair requests, and keep records of all maintenance activities.
Noise Ordinance: Orlando has a noise ordinance in place to help maintain a peaceful environment for residents. Make sure your tenants are aware of and follow the city's noise regulations, especially during quiet times. Also inform them of any community or homeowner's association rules regarding noise.
We hope this overview has given you more confidence in your decision to rent a property in Orlando. These requirements are always subject to change, so we recommend always checking your local ordinances to ensure you are in compliance.
At Nomad, we're experts when it comes to pricing your property, finding vetted tenants, and guaranteeing rent for the life of the lease you sign with your tenant. If you'd like to learn more about these services and why over 6,000 owners prefer to do business with us, get started by requesting a free guaranteed rent quote.