The Town has voted to implement a Community Impact Fee of 3% on the transfer of occupancy of any short term rental units owned by an operator with two or more units located within the same city or town, that are not owner occupied.
As of October 1st, 2024, the fee will be calculated and collected with other short term rental taxes from the tenant and remitted to the state by Atlantic East for all applicable rentals done through our company.
Something important to note is that this only applies to units owned by the same entity. If you have multiple properties, each under different ownership (LLC, Trusts, etc.), your guests would be exempt from this tax. Please reach out to our Rental Manager, Erikka Perkins, with any questions you may have.