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A Short Term Rental (STR) refers to the rental of all, or a portion of your home for a period of less than thirty consecutive days.
Yes, a Business License is required in accordance with the City of Revelstoke Business Licensing Bylaw No. 1503. Business Licenses are the main method in which an owner can demonstrate bylaw compliance for a STR use.
Yes, Council passed a resolution to have a maximum of 300 units. This does not include any Comprehensive Development (CD) zones that have been approved that contain vacation rentals as a permitted use. This cap will be reviewed annually by Council and a policy regarding this cap will form a schedule to the Business Licencing Bylaw.
A Bed and Breakfast operator lives in the same dwelling unit as their guests (i.e. a single family dwelling), is limited to 4 rooms, and guests have access to common living areas and are served a morning meal.
A STR operator will live in a separate dwelling unit within a single family dwelling. Council passed a resolution to limit the STR use to the secondary suite. A STR operator must be a permanent resident of the City.
Property tax assessment is outside of a municipality’s authority, and is administered by BC assessment. Should owners have questions about how operating a STR can impact their taxes, it is recommended that they contact BC assessment.
Yes, so long as you are a permanent resident and have a lease agreement with the owner of the property to be an onsite property manager for the STR. Authorization from the registered owner is required with a business license application.