City of Goleta Short-Term Vacation Rentals Bond Guide
In Goleta, California, short-term vacation rental property owners must file a surety bond before hosting guests.
Bond Overview
- Purpose: To ensure vacation rental property owners uphold local regulations
- Who Needs It: All short-term rental property owners in Goleta, California
- Regulating Body: The City of Goleta
- Required Amount: $1,500
- Premium Rate: Credit-based, typically $100
Keep scrolling to learn more about the bonding process.
What Is a City of Goleta Short-Term Vacation Rentals Bond?
This surety bond ensures that short-term vacation rental properties comply with Goleta housing regulations and zoning requirements. It also guarantees payment for all rental taxes and fees.
The City of Goleta requires this type of license and permit bond before hosting short-term guests for a fee.
How Much Do Vacation Rental Bonds Cost in Goleta?
In Goleta, vacation rental bond premiums cost $100–$300, based on personal credit score.
Most applicants pay just $100 for the required $1,500 coverage. Apply below to get your free personalized quote.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Goleta Short-Term Vacation Rentals Bond Work?
A Goleta, California short-term vacation rentals bond is a legal contract between three parties:
- Principal: The short-term rental home owner purchasing the bond
- Obligee: The City of Goleta requiring the bond
- Surety: The provider issuing the bond
Under this contract, you, as the principal, promise to uphold the provisions of the Goleta Municipal Code Section 5.08.100.
If you break the bond terms, harmed parties can file claims. The surety will validate and pay claims up to the full bond amount. However, you are ultimately responsible for refunding the surety.
Who Needs a Vacation Rental Bond?
In Goleta, anyone renting out a residential property within city limits must file a surety bond.
This applies to properties listed on public platforms, such as Airbnb or VRBO, as well as those rented privately.
How Do I Get a Vacation Rentals Bond in the City of Goleta?
SuretyBonds.com provides the fastest and easiest way to get a short-term vacation rentals bond. Follow these simple steps:
- Apply Online: Enter your information for a personalized quote
- Pay Invoice: Complete your purchase online or over the phone
- Receive Bond: Receive your official bond form via email
Upon receipt, sign and file the bond documentation with the City of Goleta.
How Fast Can I Get My Bond?
SuretyBonds.com issues vacation rentals bonds faster than any other provider. We process most bond applications same-day. Apply now to receive your free quote.
Can I Get Bonded With Bad Credit?
Yes, you may still be able to get bonded with bad credit. However, poor credit may increase your premium rate.
Apply for a free quote or visit our Surety Bond Cost FAQ page to see how credit may impact your cost.
How Do I Renew My Vacation Rental Bond?
Goleta, California vacation rental bonds expire annually. When you work with SuretyBonds.com, we’ll send you reminders and a renewal invoice before your bond expires.
To renew your bond, just pay the premium — we’ll do the rest!
How to Open a Short-Term Vacation Rental in Goleta, California
In Goleta, you must be licensed with the city before you can list a property for short-term rental.
Before applying, ensure your property is within city limits and compliant with local safety regulations. Your unit cannot be in a hotel or rented out longer than 30 consecutive days.
Submit the business license application via the City of Goleta online portal, including the following supporting documents:
- Your most recent property tax form
- Public Notice Form
- Proof of a $1,500 surety bond
The city may take 4-8 business weeks to review your application. Once licensed, you must pay the Transient Occupancy Tax Return and Tourism Business District Assessment at the end of every month.
