A deadline is approaching for owners and operators of new and existing short-term rental units in Lexington. The City’s new short-term rental ordinance goes into effect in January. The deadline for applying for a new STR license is January 11th. Director of Revenue Wes Holbrook told a Lexington Council committee this week that close to 900 are listed on a platform for rental. But Holbrook said only 63 have applied for the license. He noted it’s better to seek assistance than to disregard the deadline.
“If you come to us and say ‘I haven’t filed. I have these things that are missing. I want to get compliant. Then we will make allowances and waive penalties…but if we find you then we’re less willing to negotiate on those issues,” said Holbrook.
