Truro, Mass., Gen. Bylaws ch. 2 § 1 (eff. June 2, 2025) § 2-1-3

2-1-3-1 Registration Requirement. No dwelling unit or part thereof may be
      offered as a Short-Term Rental within the Town of Truro unless it is
      registered with the Select Board and in compliance with regulations issued by
      the Board of Health and is registered with the Commonwealth of
      Massachusetts Department of Revenue in accordance with applicable laws.

      2-1-3-2 Limitation on Number of Short-Term Rentals.
      An Owner may register to operate only two dwelling units as Short-Term
      Rentals. If a person owns or is listed as a manager and/or is an agent for three
      or more dwelling units, that person must choose only two units to be
      registered as Short-Term Rentals. No person shall have more than two legal or
      equitable title or beneficial interest in dwelling units used for Short-Term
      Rentals except as provided for above. An Owner may hire a property
      management company to list and manage Short-Term Rentals, but the
      registration must be in the Owner’s name.                         (May/2024, [eff
      6/2/2025])

      2-1-3-3 Corporate Ownership. Short-Term Rentals are prohibited in dwelling
      units owned by a Corporation. Short-Term Rentals are permitted in dwelling
      units owned by an LLC, Trust, or S Corporation only when every shareholder,
      partner, or member of the legal entity is a natural person, as established by
      documentation provided by the applicant at the time of registration.

      2-1-3-4 Affordable Housing Dwelling Units. Short-Term Rentals are
      prohibited in dwelling units designated as affordable or otherwise income-
      restricted, which are subject to an affordability restriction or are otherwise
      subject to housing or rental assistance under local, state, or federal programs
      or law.

      2-1-3-5 Time Share, Fractional and Interval Ownership Units. No Fractional
       Ownership, Interval or Time Share unit may engage in Short-Term Rental
       activities or be eligible to receive a Certificate of registration for such unit;
       except that this section shall not apply to the creation of mortgages, liens,
       easements or other similar interests encumbering the residential property as a
       whole to secure a loan or for any other legitimate purposes; and this section
        shall not apply to non-commercial groups, such as families, partnerships,
        associations, or trusts with divided interests or agreements in which the real
        estate is held and transferred within the family, partnership, association or
        trust, as opposed to sold in fractional or divided interests on the open market.

       2-1-3-6 Protection for Existing Short-Term Rentals. Any person or other legal
        entity who holds a current Certificate of Registration on the effective date of
        this bylaw may continue to engage in Short-Term Rentals in accordance with
        the existing Certificate of Registration, until the dwelling unit is transferred
        or conveyed, or the certificate of registration is not renewed. If a property is
        bequeathed to a person or other beneficiary through a will, the new owner
        may continue to engage in Short-Term Rental activities in accordance with
        this section.