Posted on by Marion Anderson

Do non-residents pay UHT on a QUARTER-SHARE?

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Key Takeaways

  • Yes, non-residents pay Underused Housing Tax (UHT) on a quarter-share property.
  • Each non-resident owner must use the property for at least 28 days to avoid the UHT penalty.
  • If an owner holds multiple quarter-shares in the same unit, they only need 28 days of usage to avoid UHT penalty.
  • Spousal use of the property, separate from the owner’s use, counts towards the 28 days of usage.
  • Common law partner’s use of property separate from the owner’s use counts towards the 28 days of usage.

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.

As an experienced buyer’s agent it’s my responsibility to make sure you have the basic UHT information, and refer you to an accountant when the time is right. I’m Marion Anderson. I help people buy real estate in Whistler.

Understanding UHT

There is a section of this website dedicated to non-residents buying, owning, and selling Whistler real estate. The Non-resident: Underused Housing Tax page will also be of interest to you. Therefore, there is enough information for the non-resident to understand the basics of UHT.

FAQ

If I own two quarter-shares in the same strata lot, is it 28 days per quarter-share?

No. It is 28 days usage regardless if you own, 1, 2, 3 or all the quarter-shares you own in the same strata lot.

Does my spouse contribute to the 28 days of usage to avoid the UHT Penalty?

Yes, if you are using the property separately you can count your spouse’s days towards the 28 days.

Does my common-law partner contribute to the 28 days of usage?

Yes, if you are using the property separately.

Next Steps

If you think I would be a good fit to work with you and your family, and you are not already working with a Whistler realtor, please contact me. My name is Marion Anderson, and I help people buy real estate in Whistler.

Marion Anderson Personal Real Estate Corporation
Sutton Group – West Coast Realty, Whistler
marion@marionanderson.com (604) 938-3885