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Unit Entitlement:

Unit entitlement determines the proportion of ownership a Lot holder carries in the development, including common areas. They quantify property owners’ legal and financial rights and obligations within strata or community title development.

In order to comply with the Strata Titles Act, a licensed valuer must be engaged to complete what is known as a Form 3 document, which outlines the unit entitlement for each lot. Given that your unit entitlement can have a direct impact on your voting rights as well as the proportion of costs you incur, it is critical to engage a suitably qualified valuer.

⁠DVPG can assist with your unit entitlement valuation.⁠

Unit Entitlement:

Unit entitlement determines the proportion of ownership a Lot holder carries in the development, including common areas. They quantify property owners’ legal and financial rights and obligations within strata or community title development.

In order to comply with the Strata Titles Act, a licensed valuer must be engaged to complete what is known as a Form 3 document, which outlines the unit entitlement for each lot. Given that your unit entitlement can have a direct impact on your voting rights as well as the proportion of costs you incur, it is critical to engage a suitably qualified valuer. 

⁠DVPG can assist with your unit entitlement valuation.⁠

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