Strata Short-Term Rental Bylaws
Some strata corporations have bylaws to limit or ban short-term rentals. As of November 30, 2018 the fine for owners or residents violating a short-term rental strata bylaw will increase to $1,000 a day.
This meets another one of the commitments announced February 20, 2018 in the Province’s 30-point affordable housing plan (pdf).
On July 18, 2018, strata regulation 7.1 (OIC 418-2018) was amended to allow strata corporations to impose a fine of up to $1,000 a day for owners or residents not complying with a strata bylaw limiting or banning short-term rentals. The previous allowable fine of $200 a week was not a sufficient deterrent. This new level of fine only applies to short-term rental bylaws.
This new fine level is effective November 30, 2018 allowing short-term rental hosts time to comply with strata bylaws limiting or banning short-term rentals.
In addition to strata bylaws there is also provincial legislation which governs short-term rentals. On February 8, 2018 the Province established an agreement with Airbnb to collect up to 11% in taxes on short-term rentals. The taxes include the 8% provincial sales tax (PST) and, where applicable, a municipal and regional district tax (MRDT) of up to 3% on accommodations. Revenues from the provincial sales tax (PST), anticipated at $16 million annually, will be used to improve housing affordability.
Short-term rentals may also be regulated by local governments. For example, Vancouver is limiting short-term rentals to primary residences only. Vancouver has also negotiated with Airbnb (the largest short-term rental platform) to only post Vancouver Airbnb listings with a Vancouver business license number.
If a strata corporation and its owners are considering adopting a bylaw to limit or ban short-term rentals it is very helpful to consult with a knowledgeable strata lawyer. Short-term rentals are a complex topic and there are many factors to consider.
The information on this website about strata housing is provided for the user’s convenience as a basic starting point; it is not a substitute for getting legal advice. Learn more about the site’s purpose and limits. The content on this website is periodically reviewed and updated by the Province of British Columbia as per the date noted on each page: July 18, 2018.