Unit Factor

Unit factor is a term used in some provinces to represent the proportional share of ownership in the common property allocated to each condominium unit. In some condominium complexes, the unit factor is used to determine an owner's share of monthly contributions or special assessments and may be used as a factor when counting votes at a condominium meeting.

In Alberta, the unit factors for all units in a condominium must add up to 10,000. The condominium plan must include a schedule showing the unit factor for each unit.
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Alberta Real Estate Association 
WestMount Corporate Campus
300, 4954 Richard Road SW
Calgary, AB  T3E 6L1

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