Multiple Home Owner Grant
The multiple home owner grant allows property owners to apply for the home owner grant on behalf of eligible occupants living in their building or on their property.
If you own property that qualifies for the multiple home owner grant, you must apply for the grant each year and pass on the benefit to your eligible occupants.
- If you qualify
- How grant amounts are determined
- How to apply
- How to complete the online application
- How to submit your application and forms
To qualify for the multiple home owner grant you must:
- Have eligible occupants living on your property
An eligible building must be one of the following:
- Housing co-operative building: A building owned by a housing co-operative under the Cooperative Association Act that is used by the co-operative to provide living space for its members.
- Housing corporation building: A building owned by a corporation that operates exclusively for the benefit of its shareholders. Shareholders must have a right to occupy an apartment in the building and own shares, or a combination of shares and other securities, equal in value to their apartment.
- Housing society building: A building owned by a society under the Society Act that is used by the society to provide living space for individuals who hold a right to occupy a unit in the building. Rights to occupy the building must have been purchased for at least 25 percent of the assessed value of their unit.
- Provincially designated apartment building: A building designated by the province that leases apartments under a registered lease with a term of at least 99 years. The lease agreement must require occupants to pay the property taxes for their apartments.
Eligible land must be one of the following:
- Land co-operative: Land owned by a corporation exclusively for the benefit of its shareholders. Shareholders must have a right to occupy a site on the land and own shares, or a combination of shares and other securities, equal in value to their site.
- Multi-dwelling leased parcel: Land leased out in portion to individuals who have built residences or placed manufactured homes on their portion. There must be at least two residences on the entire parcel of land and the term of the leases must be at least one year.
The amount of a multiple home owner grant is determined based on:
An eligible occupant is an individual who would qualify for a home owner grant, with the exception of being the registered owner.
The property taxes attributed to your eligible occupants depend on the value or size of their residence and the lease agreement or rights that are in place for your building or land.
Find out more about how your grant amount is calculated.
As the property owner, you must apply for the multiple home owner grant each year to receive it.
On the date you apply, you and the eligible occupant(s) must meet the qualifications.
- Instruct each eligible occupant to complete the Application for Home Owner Grant - Eligible Occupants (FIN 68) (PDF) and to give you the original copy and any supporting documents.
- Complete and submit the online multiple home owner grant application. You can access the online application:
- Using the quick-access Multiple Home Owner Grant Online Application (available for municipal or rural area properties), or
- Through your eTaxBC account (available for rural area properties only)
If this is your first time applying on behalf of eligible occupants living in your building or on your land, you may be required to provide documentation, such as copies of shareholder documents and leases, to confirm your property qualifies for the multiple home owner grant.
If additional documentation is required to qualify for the multiple home owner grant, the municipal or provincial office that sent your property tax notice will contact you.
The grant amount attributed to each eligible occupant and the net taxes attributed to each residence are automatically calculated for you when you enter the following required information into the multiple home owner grant online application.
- The grant type for each eligible occupant
- The net taxable residential value of each residence
- The current year taxes attributed to each residence
Enter the type of grant each eligible occupant applied for on their Application for Home Owner Grant - Eligible Occupant (FIN 68) (PDF).
Enter the net taxable residential value for each residence. If the net taxable residential value of a residence is over the threshold (currently $1,600,000), the grant amount attributed to the occupant will be automatically reduced. The grant is reduced by $5 for each $1,000 of value over the threshold.
To calculate the net taxable residential value for each residence, you will need to refer to your current property assessment notice. For some property types, such as land co-operatives, you may need to refer to multiple separate assessment notices.
Find out how to calculate the net taxable residential value for each residence in a:
- Land co-operative
- Multi-dwelling leased parcel
- Housing co-operative building, housing corporation building, housing society building, or provincially designated apartment building
- Calculate the land value by dividing the total land value for the co-operative by the total square footage and then multiply that amount by the square footage of the portion of the land that the residence is located on
- Add the improvement value for that residence to the calculated land value
A 250 acre co-operative has a land value of $10,000,000. The residential building located on Lot 1 has a value of $225,000. Lot 1 is 1 acre.
- Lot 1 land value = $40,000 ($10,000,000 / 250 X 1)
- Lot 1 improvement value = $225,000
- Lot 1 net taxable residential value = $265,000 ($40,000 + $225,000)
The net taxable residential value of each residence is the improvement value reported on the property assessment notice for the residence.
Net taxable residential value of a housing co-operative building, housing corporation building, housing society building, or provincially designated apartment building residence
Calculate by dividing the total assessed value of the property (land and improvements) by the square footage of the building and then multiplying that amount by the square footage of the residence.
A 40,000 square foot building in Metro Vancouver has an assessed value (land and improvements) of $30,000,000 and includes:
- one penthouse (2,400 square feet)
- 12 two-bedroom apartments (1,500 square feet each)
- 16 one-bedroom apartments (1,000 square feet each)
- common property
The value of the residences is:
- Penthouse = $1,800,000 ($30,000,000 / 40,000 X 2,400)
- For each two bedroom = $1,125,000 ($30,000,000 / 40,000 X 1,500)
- For each one bedroom = $750,000 ($30,000,000 / 40,000 X 1,000)
In this example, no grant amount could be attributed to the occupant of the penthouse because of its value; however, the other residences in the building may qualify.
Enter the current year taxes attributed to each residence.
For a multi-dwelling leased parcel residence, it's the gross amount of current year taxes levied in the tax notice for the residence.
For a residence on a land co-operative or in a housing co-operative building, housing corporation building, housing society building, or provincially designated apartment building, this is usually the gross amount of current year taxes you assessed the eligible occupant under the shareholder, member or lease agreement.
- The corporate owner of a 10-lot land co-operative receives a tax notice for the land for $4,800 plus a tax notice for the residence located on Lot A for $530.
- Under the terms of the shareholder agreement, the corporation assesses the occupant of Lot A $1,010 for current year taxes. The amount is a combination of the $530 in taxes levied on the residence plus $480 (1/10 of $4,800 in taxes levied for the land).
Eligible occupants must pay at least $350 (or $100 for qualifying seniors, spouses of deceased veterans, people with disabilities, or people living with a spouse or relative with disabilities) before they can receive a home owner grant.
If the full grant amount reduces the net taxes attributed to the residence below the minimum tax amount, the grant amount will be automatically reduced. If the current year taxes attributed to the residence are less than the minimum tax amount, the grant amount is reduced to $0.
We will not accept an allocation of taxes between eligible occupants that is intended to avoid the minimum tax requirement. For example, the current year taxes reported for an occupant who qualifies for the additional grant amount should be comparable to the amount reported for an occupant of a similar residence who is only entitled to the regular grant amount. If we disagree with the current year taxes attributed to a residence, you may be required to resubmit the application.
How you submit your application depends on where your property is located.
If your property is located in a municipality:
- Collect the completed eligible occupant home owner grant applications (PDF) from your eligible occupant(s)
- Complete the Multiple Home Owner Grant Online Application
- Print two copies of your completed Multiple Home Owner Grant Application
- Attach one copy of the Multiple Home Owner Grant Application to the completed eligible occupant home owner grant applications (PDF) and send them to the office that issued your tax notice. Keep the other copy for your records.
If your property is located in a rural area:
- Complete the online Multiple Home Owner Grant Application and click Submit. Your application will be sent to us electronically.
- Send the completed eligible occupant home owner grant applications (PDF) to:
Surveyor of Taxes
PO Box 9446 Stn Prov Govt
Victoria BC V8W 9V6
Rural property owners can enrol for access to eTaxBC. With an eTaxBC account, you can also pay your property taxes and view your transaction and form submission history. You can enrol for access once you receive your 2017 tax notice with your enrolment code. When you enrol, select Property Tax - Rural as your Account Type.
To complete your multiple home owner grant application using your eTaxBC account:
- Log on to your eTaxBC account
- Click on your Property Tax – Rural account
- Click on Apply for Multiple Home Owner Grant listed under I Want To in the top right corner
- Complete all required fields
- Click Submit