No residential premises, including dwelling houses, apartments, rooming houses or boardinghouses or any parts thereof or rooms therein, except duly licensed hotels and motels, shall be rented or let for occupancy by any person or persons for a period or term of less than 180 days.

Notwithstanding anything to the contrary contained in the Borough Code, it shall be unlawful for an owner, lessor, sublessor, any other person(s) or entity(ies) with possessory or use right(s) in a dwelling unit, their principals, partner or shareholders, or their agents, employees, representatives and other persons(s) or entity(ies), acting in concert or a combination thereof, to receive or obtain actual or anticipated consideration for soliciting, advertising, offering, and/or permitting, allowing, or failing to discontinue the use or occupancy of any dwelling unit, as defined herein, for a period of 180 days.

Nothing in this section will prevent formation of an otherwise lawful occupancy of a dwelling unit for a rental period of more than 180 days.

Nothing in this section will prevent formation of an otherwise lawful occupancy of a dwelling unit that has previously been engaged in a lawful lease and continues to be rented on a month-to-month basis.