The administrators of communities agree with the government but want more legal security for apartment owners.
The decree contains amendments to the tenancy act and the law on regulating apartment blocks.
Secretary of state Bel Oliver is looking to amend the tenancy act.
Fines for supposedly illegal lets can be up to 40,000 euros.
Under the tenancy act, an owner who rents out a property should pay the deposit for the rental into a bank.
Housing minister Marc Pons says that the measure would mean that "false holiday rentals" would not elude the law.
At the same time as Madrid appears minded to adopt a more active role in regulation, Balearic tourism minister Biel Barceló is calling on the national government to amend the tenancy act.