Using your San Francisco property as a corporate rental is tricky these days. That’s because the Board of Supervisors passed an ordinance in April 2020 restricting all aspects of what it calls “Intermediate Length Occupancy” (ILO) units.
Here’s a quick look at the current ILO regulations:
- Max of 1,000 units citywide that can be used as ILOs
- Property owners must have an ILO license
- “Just cause” eviction protections apply
- Max of 20% of ILOs in any one building
- Owners required to submit annual reports.
Attorney Daniel Bornstein has put together a primer on ILOs and tracks how these restrictions came into play. Read the full article here, which also links to info from the Planning Department.
Make sure you consult an attorney before you go ahead and take steps to turn your San Francisco property into an ILO.