Rental Regulations

As a Non-Village Core unit owner you must oblige by these procedures for unit rental.

The information below outlines the procedures regarding lodging rental steps for outside the Village Core BMVA members (owners).

Notification of Rental Arrangements – (2.10) – you are required to advise us of your rental activity should you chose to hire a rental manager in the future which includes the date and name of rental and rental manager. The BMVA has the right to request all details of rentals from your rental manager. Please refer to section 2, item 10 and section 12 of the General Bylaw for full details.  An administrative fee of $500.00 plus HST will be charged on members accounts who are found on self-renting sites or advertisements who are not disclosing the gross rentals and paying the Village Amenity Fee in a timely manner according to section 12 of the General By-law.

Rental Royalty Fee – (12.4) – administration of this fee is your responsibility if you chose to rent privately. This administration includes the following; referred to as Village Amenity Fee ‘VAF’