'Redevelopment must have consent of all owners'
En bloc strata sale is where a certain piece of land with buildings erected on it is identified for acquisition by commercial developers.
Integrity in managing maintenance funds
You may ask: Is integrity still in vogue, or is it something only spoken of by politicians? In particular, can strata property parcel owners see them being practised within their community?
The ABCs of: AGM, EGM and committee meetings
AGMs shall be held once every year provided that no more than 15 months shall lapse between the date of one AGM and the next. This means that Nancy’s JMB shall convene the next AGM no later than Aug 31, 2020.
HBA: Five tips for the success of proposed RTO schemes
HBA had, in the past, called for the RTO schemes to be expanded to include the middle-income segment or M40 segment.
Beware of over-enforcement
If any sum remains unpaid by the defaulter, the Management Bodies may file a claim in a Court of Law or in the Strata Management Tribunal. Once an Award is given by the Tribunal, it is a criminal offence if the person named in the claim does not comply with the Award.
