- The plan of subdivision sets out the lot entitlement and lot liability of each Owners Corporation member and is usually expressed as a percentage or fraction.
- Lot entitlement is the proportionate share of ownership of Owners Corporation assets, including the common property, for example, use of the drive-way. It also determines voting rights at a meeting of the Owners Corporation.
- Lot liability is the proportion of Owners Corporation expenses, for example insurance, which the lot owner is obliged to pay.