# $UNIT - Individual Property Tokens

Holders of $UNIT tokens form the property’s DAO and use those tokens to vote on property-level matters. These decisions might include approving budgets for property maintenance, selecting property managers or renters, deciding on rent adjustments, or ultimately voting on a sale of the property. Essentially, if you own a share of a property via $UNIT tokens, you have a direct voice in how that property is managed. 

**This ensures that the DAO members actively steer the property’s operations and strategy, rather than a centralized landlord.** 

**Key info**

* Each tokenized property is governed by its own DAO composed of that property’s token-holders. 
* Property decisions are made through snapshot.box - a separate DAO is set up for each property. 
* $UNIT tokens represent fractional ownership of the DAO related to that specific property. 
* Every $UNIT token equals one vote in that property’s governance, aligning voting power with ownership stake.
* $UNIT token-holders are not guaranteed any income or profit from the properties they govern.