Bill > SB1624

This bill establishes new regulations for short-term rentals, which are defined as leases or agreements for occupying a residential property for less than thirty consecutive days in exchange for payment. Key provisions include requiring explicit, verifiable consent from all owners of record—meaning anyone whose ownership is officially documented with the county clerk—before a jointly owned property can be listed or advertised as a short-term rental; individual owners cannot unilaterally permit such rentals. Short-term rental platforms, which are online services that facilitate these bookings, must verify the identities of all owners of record, obtain documented consent from each, and keep records of this consent for at least five years. If any owner of record submits an objection, the platform must immediately suspend or deactivate the listing, and it cannot be reactivated without new consent from all owners. The bill also outlines penalties for platforms that violate these rules, including civil fines of up to $5,000 per violation, liability for actual damages to non-consenting owners, or court orders to stop the non-compliant listings, with each day a listing remains active counting as a separate violation. The Attorney General is empowered to create rules to enforce these provisions, and the act is set to become effective on November 1, 2026.

Business and Industry

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb1624&Session=2600