EstatePass
Real Property LawCondominiumsMEDIUM

An Ontario condominium declaration allocates Unit 15A a 1.2% share of the common expenses. The corporation's annual budgeted common expenses are $600,000. What does Unit 15A contribute each year, and how many votes does the unit carry at owners' meetings?

Correct Answer

B) $7,200 per year, with one vote for the unit

Owners contribute to the common expenses in the proportions specified in the declaration (s. 84(1)), so Unit 15A pays 1.2% × $600,000 = $7,200 a year. Voting is separate: s. 51(2) says all voting by owners is on the basis of one vote per unit, whatever the unit's expense share.

Answer Options
A
$7,200 per year, with a vote weighted at 1.2%
B
$7,200 per year, with one vote for the unit
C
$720 per year, with one vote for the unit
D
$72,000 per year, with one vote for the unit

Why This Is the Correct Answer

The contribution is 1.2% of $600,000, which is $7,200, because s. 84(1) makes owners pay in the declaration's proportions. The unit carries one vote because s. 51(2) requires one vote per unit.

Why the Other Options Are Wrong

Deep Analysis of This Real Property Law Question

Background Knowledge for Real Property Law

Memory Technique

Exam Tip for Real Property Law

Real World Application in Real Property Law

Common Mistakes to Avoid on Real Property Law Questions

Key Terms

common expensesdeclaration percentageone vote per unitsection 84Ontario condominium
Was this explanation helpful?

More Real Property Law Questions

People Also Study

Practice More Real Property Law Questions

Access 540+ Canadian real estate exam questions and pass your licensing exam.

Start Practicing