Glossary
Percentage interest
The share of the common elements and the common expenses that attaches to one unit. It is fixed by the declaration and is the usual basis for allocating a budget.
Jurisdiction record
What it is called where you are
Ontario
- Percentage of common interest.
Florida
- Percentage share per the declaration.
Product record
Where this shows up in Board Butler
Every term, both jurisdictions
The glossary carries the whole vocabulary a condo or HOA board runs into, with the Ontario and Florida words side by side.