Summary
Each lot is allocated units of entitlement (UOE) which determines an owner’s portion of ownership of common property, their voting rights at a general meeting if voting is conducted by a poll vote, and the proportion of levy contributions payable.
Who determines the Units of Entitlement?
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. This is normally organised by the surveyor looking after the subdivision or development. The Form 3 document must be submitted and approved by Landgate before the development progresses and individual Certificates of Title are issued. Schemes registered between 1966 and June 1985 had unit entitlements allocated by the surveyor or developer.
How are the Units of Entitlement determined?
A surveyor/licensed valuer must certify unit entitlement for a strata plan based on the capital value within the meaning of the Valuation of Land Act 1978. This means valuing the buildings and improvements on the lots together with the land content. Once the strata plan is registered the unit entitlement will remain in force until action is taken to amend it.
Where can you view the Units of Entitlement?
On the strata plan and title list.
Can the Units of Entitlement be changed?
Allocated units of entitlement can be varied but this can be a timely, costly and difficult exercise. We would suggest you speak to your strata manager regarding this.
Further Information