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Legal Opinion on MTR.pdf

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Date: Friday, September 15th 2023, 12:29:44 PM -05:00 CDT Subject: [PM] RE: Fort Worth STR Ordinanace - Legal Opinion From: <bone@ombtxlaw.com> To: <pm@lofty.ai> Good afternoon Kathie – as requested, having reviewed this local ordinance in fort Worth (Ordinance No. 26005-02-2023, i.e. “Short Term Rental Registration”), and seeing that it specifically defines “short term rental” to mean the rental of a dwelling for “a period of not less than one night and not more than 29 consecutive days” (Page

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Date: Friday, September 15th 2023, 12:29:44 PM -05:00 CDT Subject: [PM] RE: Fort Worth STR Ordinanace - Legal Opinion From: <bone@ombtxlaw.com> To: <pm@lofty.ai> Good afternoon Kathie – as requested, having reviewed this local ordinance in fort Worth (Ordinance No. 26005-02-2023, i.e. “Short Term Rental Registration”), and seeing that it specifically defines “short term rental” to mean the rental of a dwelling for “a period of not less than one night and not more than 29 consecutive days” (Page 3 of the ordinance under definitions), I think that as long as the owner rents the property for a minimum of 30 consecutive days such would not be considered a “short-term rental” under this ordinance. Bob Bone OMB From: Kathie Nguyen <pm@lofty.ai> Sent: Thursday, September 7, 2023 9:52 AM To: Bob Bone <bone@ombtxlaw.com> Subject: Fort Worth STR Ordinanace - Legal Opinion Hi Bob, I have a property in Fort Worth at 5401 Odom Ave, Fort Worth, TX 76114. The Owners want to rent the property as a mid-term rental (30+ day stays). However, the Owners would like to get your legal opinion on if this is compliant with Fort Worth's Short Term rental ordinance. https://www.fortworthtexas.gov/short-term-