If you own a unit, townhouse or apartment in Queensland, you’re likely paying body corporate levies – regular contributions that help keep your community running smoothly. But if your levies have recently increased, you might be wondering: why the change?

Lot entitlements are the way a body corporate allocates certain costs, responsibilities, and ownership rights among lot owners in a scheme.

When you own a property in a community titles scheme—like an apartment, townhouse, or unit complex—there’s more to insurance than just your own contents policy. 

In this post, we’ll walk you through how to calculate your body corporate levies using information found in your Annual General Meeting (AGM) minutes and your community’s schedule of lot entitlements.