Cohousing-L Mailing List: Re: Unit Entitlements

[Elizabeth Rosenau (ejrosenau]

Hi Ann,

It is an exciting time for us.  The property we own is within the Township of 
Langley, which is in British Columbia quite close to Vancouver. 

I found the definition of “unit entitlement” in the Real Estate Disclosure we 
hope to file soon.  Here goes:

“The Unit Entitlement of each Strata Lot is a figure indicating its share in 
the Common Property and assets of the Development and by which its contribution 
to the expenses of the Common Property is determined.”

I look forward to hearing what you have to say about this topic, so near and 
dead to your heart.  I’m tickled to have received a response so quickly on a 
topic many people might find mundane.

With warmth,

Elizabeth Rosenau, Compass Cohousing, Langley, BC, Canada

> On Jul 6, 2024, at 4:15 PM, Main Email <zabaldo [at] earthlink.net> wrote:
> 
> Hello Elizabeth and all Cohousers near and far – –
> 
> First, congratulations on your soon to be the building or construction phase 
> of your timeline. It’s a very exciting time to see the money, time, and 
> effort you put in come together and create a product you will soon call 
> “home.”
> 
> How HOA dues – – for you called Strada – – are calculated, is a subject near 
> and dear to my heart.
> 
> But before I leave an opinion, I need the definition of what a “unit 
> entitlement” is.
> 
> I look forward to hearing other people’s information and to writing about our 
> own here at
> Takoma village in Washington DC.
> 
> Again, many congratulations to everyone in your community. Maybe I can come 
> see it someday. Where did you say it is located? Did I miss that?
> 
> Ann Zabaldo
> Washington DC
> Sent from my iPhone
> All tiipos ... curtesy of Siri  :-)
> 
>> On Jul 6, 2024, at 5:55 PM, Elizabeth Rosenau <ejrosenau [at] gmail.com> 
>> wrote:
>> 
>> Hello!!
>> 
>> I’m part of a Canadian community called Compass Cohousing that’s planning to 
>> starting building soon.  We are looking to engage realtors and this has 
>> brought up the subject of “unit entitlements” as a component of setting our 
>> monthly Strata fees.  (I believe our Strata fees may be analogous to HOA 
>> fees in the USA.)
>> 
>> Right now we are using the square footage of each unit to calculate those 
>> fees.  We realize that square footage alone is not the ideal way forward 
>> because it doesn’t take into consideration the expense of operating common 
>> facilities which we assume will be used by residents of all unit sizes.
>> 
>> Here are my questions:  What was your community’s experience deciding how to 
>> calculate unit entitlements?  Has your community been satisfied with the way 
>> the entitlements work or have there been struggles or pushback?  Is it easy 
>> to change unit entitlements after occupancy?
>> 
>> Thanks in advance for any wisdom you may have to share.
>> 
>> Elizabeth Rosenau,  Compass Cohousing.
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