A condominium board proposes a special levy of $1,000 per unit to cover an unexpected boiler replacement. The condominium property has 100 units. A particular owner, Ms. Chan, owns two units with a total unit factor of 12 (Unit A: 7, Unit B: 5), while the total unit factor for the entire complex is 1000. How much would Ms. Chan be required to pay for this special levy if it is based on unit factor, not per unit?

Question: A condominium board proposes a special levy of $1,000 per unit to cover an unexpected boiler replacement. The condominium property has 100 units. A particular owner, Ms. Chan, owns two units with a total unit factor of 12 (Unit A: 7, Unit B: 5), while the total unit factor for the entire complex is 1000. How much would Ms. Chan be required to pay for this special levy if it is based on unit factor, not per unit?

Answer options:

• $1,000 ✅ $1,200
• $1,400
• $2,000

Correct answer: $1,200

Explanation: If the special levy is based on unit factor, first calculate the total levy amount: $1,000/unit * 100 units = $100,000. Ms. Chan's proportion of the levy is her total unit factor (12) divided by the total unit factor for the complex (1000), so 12/1000. Therefore, her payment would be ($12 / 1000) * $100,000 = $1,200.