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A short-term rental (\u201cSTR\u201d) is usually residential property that you rent out for less than thirty days. Usually, these rentals are offered through popular websites such as VRBO and Airbnb. In Colorado, STRs are governed by state, city, and municipal laws.
Yes. If the city the HOA is located in has a prohibition in their City Code/Ordinances against Short-Term Rentals, then your HOA can adopt a policy that prohibits Short-Term Rentals based on such rentals being a violation of the City Code.
Aspen requires owners or operators of vacation rentals to apply for, receive, and annually renew a vacation rental permit. The application form can be accessed here.
Short Terms Rentals may not be Commercial Use of Property | Colorado Homeowners Association Law.
Aspen requires owners or operators of vacation rentals to apply for, receive, and annually renew a vacation rental permit. The application form can be accessed here.
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The City of Aspen recognizes that there are benefits to allowing owners of residential units to rent their properties for periods of less than 30 days. STRs supplement Aspen's lodging bed base, diversify lodging options, and provide economic benefit to property owners and the community.

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