Queensland Consolidated Acts

BUILDING UNITS AND GROUP TITLES ACT 1980 - SECT 19

19 Lot entitlement

(1) Every plan lodged for registration and every notice of conversion shall have endorsed upon it a schedule specifying in whole numbers the lot entitlement of each lot and a number equal to the aggregate lot entitlement of all lots contained in that plan, and that lot entitlement shall determine—

(a) the voting rights of proprietors; and

(b) the quantum of the undivided share of each proprietor in the common property; and

(c) the proportion payable by each proprietor of contributions levied pursuant to section 32 .

(2) In a group titles plan the lot entitlement of each lot shall (as nearly as is practicable) bear in relation to the aggregate lot entitlement of all lots contained in that plan the same proportion as the values of all the lots contained in the plan.

(3) Every group titles plan lodged for registration as such shall be accompanied by a certificate under the hand of a valuer registered under the provisions of the Valuers Registration Act 1992 setting out the valuer’s opinion as to the value, and the lot entitlement, of each lot contained in the plan.

Note—

For ‘value’ see the Land Valuation Act 2010 , chapter 2 and chapter 10 , part 3 .