Short-term rentals (STRs), known locally as "short-term home-sharing," are legal in Cumberland County, Maine, but subject to specific regulations that vary by municipality. Properties such as waterfront cabins and urban apartments are popular in the area, catering primarily to tourists rather than business travelers. For instance, towns like Cape Elizabeth have established clear guidelines, requiring property owners to obtain a Short Term Rental Permit, which involves submitting documentation like a building evacuation plan and demonstrating a homestead exemption if applicable. There are different categories of permits based on property type and owner occupancy, with regulations limiting the number of rental days per year. The market environment is characterized by a strong appeal for leisure visitors, particularly during the summer months, enhancing the demand for vacation homes. Regulatory oversight falls under local governance, with Cape Elizabeth's ordinances serving as a model; the Town Council actively manages compliance and enforcement of regulations. To learn more about the regulations, you can visit the Town of Cape Elizabeth's official site at.