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Glossary

Unit factor

The apportionment weight a declaration gives each unit, used to turn a total into a per unit charge. Two units of the same size can carry different weights if the declaration says so.

Jurisdiction record

What it is called where you are

Ontario

Percentage of common interest and common expenses, from the declaration schedule.

Florida

Percentage share or an equal share per unit, per the declaration.

Product record

Where this shows up in Board Butler

Fund accounting and budgeting

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.