Video Explainer – What is a unit entitlement?
What is a unit entitlement?
Entitlements are the ratios which divide up the values of your lot, compared to others in your group / Strata.
Why are the values different?
Why does my neighbour pay less than me?
How are the values determined?
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This article and the information provided represents general advice and does not take into account any specific financial situations, objectives or needs of an individual or Body Corporate/ Strata Corporation. Before you make any decision about whether to acquire a certain product, you should read the relevant product disclosure statement, policy wording and/or consult your Insurer.
