In previous issues, we have explained how important strata titles are because it gives house buyers full ownership of their properties.
PETALING JAYA (July 6): Subang Jaya Municipal Council (MPSJ) has become the first local authority in Malaysia that took legal action using the Strata Management Act 2013 against maintenance fee defaulters.
The most common problem faced by strata managements is owners who stubbornly refuse to pay up their maintenance fees.
PETALING JAYA (Sept 3): The former management committee of Menara UOA Bangsar was instructed by Dewan Bandaraya Kuala Lumpur's Commissioner of Buildings (COB) to resume their duty as interim caretakers of the building for two months, according to Henry Butcher Malaysia (Mont Kiara) Sdn Bhd executive director Low Hon Keong.
KUALA LUMPUR (Jan 11): With the amendment to the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 that was passed on Oct 17, 2017 and gazetted Jan 2, 2018, property managers are now required to register themselves with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
Recent news of service and maintenance fee defaulters having their belongings seized or auctioned off should be a wake-up call to stubborn defaulters.
KUALA LUMPUR (Sept 16): Developers are required to hand over the audited or unaudited financial accounts (service charges and sinking fund) within three months after the joint management body (JMB) is formed.