I own a quarter-share in Whistler, do I pay Underused Housing Tax (UHT)? Yes! The quarter-share property has one freehold title, which is divided into four shares termed sub-leases. The non-resident owner of each quarter-share must use the property for 28 days to avoid paying a penalty.
Now this is where it gets interesting. Should one of the owners buy out one or more of the other three sub-lease owners in the same title or deed, the UHT requirement for that person stays at 28 days. For example, 101 A, B, C, and D, the owner of Unit 101 A and B is now the same non-resident. But, only 28 days of usage is required, not 2 x 28.