Strata unit entitlements determine how shared costs are divided between lot owners and how voting rights are allocated within a strata scheme. Accurate and fair allocation of entitlements is essential for maintaining equity among owners, particularly during strata plan registrations, redevelopments, or disputes.
At Sydney Property Valuers, we provide independent, compliant valuations for the assignment, review or reallocation of unit entitlements. Our reports are used for initial strata plans, plan amendments, court applications, and dispute resolution, and are prepared in accordance with legislative requirements such as the Strata Schemes Development Act 2015 (NSW) and relevant regulations in other jurisdictions.
Property owners and organisations may also require Insurance Valuations to support appropriate insurance assessments.
Planning a reallocation or redevelopment?
We’ll help you meet legal requirements with a reliable valuation report.
Unit entitlements determine each lot’s share of common property costs and influence voting power within the scheme. They must reflect the respective market values of the lots.
Yes — through a unanimous resolution, court or tribunal order, or plan amendment, but a professional valuation is usually required.
Yes. Legislation requires a qualified valuer to assess and certify the relative market value of lots for initial registration or reallocation.
Yes. Our reports comply with the requirements of NSW LRS and relevant state legislation across Australia.
Sydney’s dynamic growth and strong economy have contributed to rising real estate prices in recent years.