Missouri HB1768 modifies the classification of residential real property used for short-term rentals.

Missouri HB1768 modifies provisions relating to the classification of certain residential real property used for short-term rentals. The bill specifies that a single-family home leased for less than thirty consecutive days is classified as residential property. It also outlines criteria for determining the most suitable economic use of property, including immediate prior use, location, zoning classification, and other factors. The bill further defines "transient housing" and specifies that urban and community gardens are not considered residential property.

Missouri HB1768 modifies the classification of residential real property used for short-term rentals.

Missouri HB1768 modifies provisions relating to the classification of certain residential real property used for short-term rentals. The bill specifies that a single-family home leased for less than thirty consecutive days is classified as residential property. It also outlines criteria for determining the most suitable economic use of property, including immediate prior use, location, zoning classification, and other factors. The bill further defines "transient housing" and specifies that urban and community gardens are not considered residential property.