Phase 1 and Phase 2 Covenants (Restrictive)
Phase 1 and Phase 2 covenants are registered on the title to a property and restrict how the property is used in order to ensure enough accommodation is available for Tourism Accommodation.
Phase 1 covenants allow for unlimited owner usage, but when the property is not being used by the owner it must be placed in a rental pool.
Phase 2 covenants restrict the number of days the owner is allowed to use the property. The rest of the time the property must be placed in a rental pool.
How Covenants affect Tourism Whistler Assessment Fees
Properties with Phase 1 covenants that are located within the area designated as Town Centre according to the RMOW Act and the Tourism Whistler Bylaws are assessed as a Lodging Resort Lot at all times regardless of the usage of the property. Examples include (but are not limited to): Marketplace Lodge and The Marquise.
Phase 2 properties (regardless of location) are always assessed as Lodging Resort Lots due to rental pool requirements and restrictions on owner usage.
Phase 1 properties that are located outside of the Town Centre designated area are assessed according to the declaration of usage annually.
There is a list of properties that are always assessed as Lodging Resort Lots (Phase 2 and Phase 1 in the Town Centre) in the Resource Toolbar on the right.