UBC Real Estate Practice Exam

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What is unit entitlement?

The portion of the unit's value used to determine voting power

The figure used to calculate a strata lot owner's contribution to the common expenses

Unit entitlement is the proportionate share assigned to each strata lot that determines how much of the building’s shared costs and voting weight belong to that owner. It’s the figure used to allocate common expenses among owners; your levy is calculated based on your unit entitlement relative to the total entitlements. It’s not about the unit’s legal description or registration date, and while voting power is also tied to entitlement, the practical, exam-focused use is calculating each owner's contribution to the common expenses.

The legal description of the unit

The date the unit was registered