Which of the following statements defines the purpose of unit factors?
I. Sets unit responsibility for common area expenses
II. Defines the voting rights of the unit owner
III. Determines the monthly contribution for the unit
IV. Sets the value of the unit for property tax purposes

A) Statements I, II, and III
B) Statements I, III, and IV
C) Statements II, III, and IV
D) All statements are correct

Q&A Education