Annual Declaration of Use
Annual Declaration of Use
You do not need to complete this form if your unit is made available for rent at any time of the year, on either a short term or long-term basis to anyone.
The annual assessment fees, and voting categories will be calculated based on this Declaration.
Annual Assessments
- Commercial 0 to 799 sqft: $2,000
- Commercial 800 to 1,399 sqft: $4,000
- Commercial 1,400 to 1,999 sqft: $5,500
- Commercial 2,000 to 2,499 sqft: $6,500
- Commercial over 2,500 sqft: $7,000
- Home-based business: $750
- Non-resident business owners: $1,500
- Resort Lot, no part of which is ever offered as rental accommodation for the public: No fees payable
- Resort land owner, 1 sleeping room: $400
- Resort land owner, 2 sleeping rooms: $650
- Resort land owner, 3 or more sleeping rooms: $800
- Single Owner Hotel Lodging: $400
- Contributing Member: $250
- Mountain Operator: $200,000
Residential lots are billed annually on April 1st.
Commercial lots are billed bi-annually on April 1st and October 1st.
Assessments are payable within 30 days after being levied.
Fees not paid within 30 days of levy will be charged interest at the rate of 2% per month, compounded monthly (26.82% effective annual rate), as per Bylaw Section 20.3.