An Ontario condominium declaration states that Unit 15 has a 3.2% common interest. Under the Condominium Act, 1998, what does this percentage represent?
Correct Answer
B) The unit's undivided ownership share of the common elements
Under s. 11(2) and (3), owners are tenants in common of the common elements, and each unit's undivided share is the common-interest proportion expressed in the declaration, here 3.2%. Voting is one vote per unit under s. 51(2), and the share of common expenses is a separate percentage the declaration must state under s. 7(2).
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