KUALA LUMPUR (Sept 16): Unfortunate high-rise residential property owners who can't form their management corporation and joint management body due to developer bankruptcy may contact the liquidator to help them apply for strata titles.
Petaling Jaya City Council head of Commissioner of Buildings (COB) Nor Shabani Johari said if the liquidator has no allocation of money to cover the cost of the application, all the cost will have to be borne by the buyers.
"Under the Strata Titles Act 1985, the original proprietor of the land, who is the land owner or developer, will be responsible to apply for strata title on behalf of unit owners," she said in reply to the audience's query in today's "Strata Living in Harmony” forum.
Organised by the Malaysian Institute of Professional Property Managers, the half-day public forum is supported by EdgeProp.my, the exclusive media partner of this event.
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There are three times a developer is able to apply for strata title:
1) Three months from the date of the commencement of the Strata Management Act 2013, if the building is completed and first sale/agreement took place before the commencement of the Act;
2) Three months from the date of issuance of the document certifying the super structure (by architect) if building is completed, and the first sale/agreement took place after the commencement to the Act;
3) Three months from the date of issuance of certificate of completion and compliance, if the building is completed after the commencement of the Act but the first sale/agreement took place before the commencement of the Act.
Nor Shabani noted that developers who did not apply for strata titles on behalf of their unit owners are liable to a fine of between RM10,000 and RM100,000, or imprisonment for a term not exceeding three years, or both.
Meanwhile, Kuala Lumpur City Council head of sector COB Haji Kamarulzaman Mat Salleh said that currently there are buyers of units in three condos here who are seeking help from liquidators to apply for their properties’ strata titles.