The City of Lawrence could soon begin regulating the fast-growing short-term rental business in Lawrence.

Following direction from city commissioners last year, city staff has drafted regulations that would allow short-term rentals in all residential areas, but would require them to be licensed, to be inspected annually, to be insured to a certain level and to follow occupancy limits and other restrictions. Permits for short-term rentals where the property owner resides elsewhere would be an option, but not guaranteed.

Current city code doesn’t allow short-term rentals, but that hasn’t stopped the practice from occurring in Lawrence. Figures show the number of such rentals has been growing quickly in Lawrence over the past few years.

Read more: LJWorld.