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How to Get Your Ocean City, MD Rental License

Michael Nolen, Realtor®
by Michael Nolen, Realtor® on May 28, 2019 at 1:47 PM

So, you just bought a home or condo in Ocean City, MD? Now, you’re ready to turn your new investment into a Vacation rental. Before you start to advertise your cool new beach getaway and accept bookings, you’ll need to get your rental license in Ocean City, MD.

In this article, I’ll share how you get your rental license, the costs, and resources to get you started in the right direction.

 

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Annual Ocean City, MD rental license cost

When applying for your rental license, there’s a fee that is submitted with your rental license application. The annual cost is $141.00. The rental license fee is broken down into two fees:

  • $116.00 for your Rental license fee
  • $25.00 for a noise control permits

Depending when you apply for your license, you could pay a partial year fee. The rental license calendar year runs from May 1st to April 31st the following calendar year. The Town of Ocean City determines when a partial rental fee is due.

For example: If you decide to start advertising and accepting bookings on January 1st, a partial fee could be due, which would cover you for the remainder of that calendar year (until April 31st). The partial fee could be as much as half of the total annual rental license costs or $71.00.

 

Download my Vacation Rental Cost Guide & Income Worksheet!

 

Annual Ocean City, MD rental license costs in R-1 districts

The rental license cost in a R-1 district is different. The total annual cost is $191.00. The R-1 district license cost is broken down into two fees just like the standard license.

  • $166.00 for your rental license fee
  • $25.00 for a noise control permits

 

R-1 district rental license

R-1 districts in Ocean City are areas which have single-family homes. Mostly year round residents live in R-1 districts. Vacation rentals in Ocean City, MD R-1 districts have additional restrictions compared to other districts like R-2 districts, R-3 districts, R-3a districts, and commercial districts. You can visit the Town of Ocean City's website to download the R-1 District rental license or download it here.

 

Rental license application assistance

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Real estate agents in Ocean City, MD who are experienced with vacation rentals are often familiar with the rental license application process. They can offer assistance. If you’re going to hire a vacation rental management company in Ocean City, MD, they’ll be able to give some assistance.

One of the great things about Ocean City, MD is the towns’ staff. They are helpful with the rental license application process and other issues regarding real estate zoning, permits, and other matters related to owning a property here.

Your rental license is your first step to rent your condo in Ocean City, MD. If you’re planning to rent your home or condo, you’ll need to be prepared for the costs of owning a vacation rental property in Ocean City, MD. Management fees, sales and room taxes, booking fees, and cleanings are just a few of the expenses.

 

Apply for your Ocean City, MD rental license

First, you’ll need to get a copy of the rental license application, which is available on the Town of Ocean City’s website. You can also view a copy of it here.

You’ll need to complete the application and send it to the town of Ocean City, MD along with your fee for your rental license.

Completed applications can be mailed to:

Town of Ocean City, Maryland

P.O. Box 5000

Ocean City, Maryland 21843-5000

 

You can hand deliver it to City Hall at:

Town of Ocean City, Maryland City Hall

301 Baltimore Ave

Ocean City, MD 21842

Phone: (410) 289-8221

 

Educate yourself on the common costs of vacation rentals in Ocean City, MD. Check out my blog article “How much do vacation rentals in Ocean City, MD cost homeowners?”

 

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Michael Nolen, Realtor®
Michael brings a diverse background of mortgage, loan servicing and housing experience. Michael offers his clients a variety of helpful resources, guides and services that helps make buying and selling Salisbury, Ocean Pines and Ocean City, MD real estate delightful and educational.
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