City Council Study Session
May 10, 2022
Seimone Jurjis, Community Development Director
Anthony Alannouf , Management Assistant
May 10, 2022
Item No. SS5
Short Term
Lodging Permit
Same Property Different
Ownership
Is
Transferability
1. Trust - Inter vivos trust, family or other similar trust estate;
2. Business Entity - Corporation, limited liability company, partnership, limited partnership, etc.
3. Family Members—Spouse, domestic partner, child,
stepchild, grandchild, etc
4. Sale —Purchaser of property;
5. Heir - If owner deceased then to heir(s) of the estate
Transfer Process
In order to transfer a permit, that permit must be valid and in good standing:
1. Seller has a valid business license
2. Uniform Transient Occupancy Tax ("UTOT") and renewal form have been remitted for current reporting year
3. Owner has remitted all applicable renewal forms and fees
4. Permit is not currently suspended or revoked
5. Permit is not considered abandoned or closed
Number of Transfers
Since July 2020
Transfer Type Qty
a.
Transfer to trust
2 1%
b.
Transfer to family member
3 1%
c.
Transfer to heir
5 2%
d.
Transfer to business
77 33%
e.
Transfer due to sale
145
63%
TOTAL
232
100%
What other Cities allow Transfers
Most other cities, owners have to reapply for a permit
Anaheim
Hermosa Beach
Dana Point
Properties Sold
Family
Del Mar Limited in commercial zone
STL - Permit Status
;= Active Permits: 1,661
Cap on Permits: 1,550
Wait List: 176 - Applicants
249 - Permits
Questions and Discussion
City Council Study Session
May 10, 2022
Seimone Jurjis, Community Development Director
Anthony Alannouf, Management Assistant
Transfer Timing
Transfer to Trust -
Transfer to Business Entity -
365 Days
365 Days
Transfer to Immediate Family Member - 365 Days
Transfer to Purchaser of Property -
Transfer to Heir -
60 Days
90 Days