@nocreditbob said:
I own a flat in a small company title building. All owners pay the same amount in levies, despite the fact that one of the flats in the building is twice the size of all others…
Do all units actually or potentially contribute the same to the costs that have to be met from the levies? IE. Would all unit cause similar wear and tear on the common property needing maintenance or have cause to call the managing agent? Perhaps the same levies are reasonable?
I know it is normal to allocate unit entitlements and levies in proportion to a valuation of each unit. That makes sense at the start when you are buying a greater or lesser portion of what the developer created. Later, I am not so sure. A larger unit might be expected to tend to have more people in it so that unit might use shared facilities rather more. The larger unit contributes more to the overall cost of insurance on the property but a lot of other costs are probably fixed per unit costs. Is there a substantial grounds maintenance cost that might be fairly made the same for all? If new entitlements were created with some combination of a fixed component and a varied-by-size-or-valuation component, perhaps the magnitude of the change from what you have now is not enough to be worth bothering with?