Q: What problems can cause a residential building to be unsafe? Unsafe building conditions can be attributed to non-compliant design and specification, inferior construction workmanship, inadequate maintenance and unregulated renovations/alterations.
Q: Does a unit holder (a resident of a condominium) have the right to view the accounts and the invoices of expenses incurred for the property anytime or can the unit holder only see the audited accounts during the AGM? Paragraph 7(6)(b) Second Schedule of the Strata Management Act 2013 states that a purchaser/proprietor may make a request to the Management Committee to inspect the books of accounts at a fee not exceeding RM50 for each inspection.
Q: Management Corporation or Joint Management Body to set up a company to manage finances? Who is ultimately responsible for the funds? Under the Strata Management Act 2013 (SMA), the Management Corporation’s (MC) and the Joint Management Body’s (JMB) ultimate function is to properly maintain and manage the subdivided building or land, and the common property.
KUALA LUMPUR (July 1): Affin Bank Bhd is hardly on investors’ radar when they are looking for banking stocks.
20世纪伟大的领导者之一——圣雄甘地对同时代的人们产生了强烈的影响。物理学家爱因斯坦这样评论甘地：“后世的子孙也许很难相信，历史上竟走过这样一副血肉之躯。」（Generations to come will scarce believe that such a one as this ever in flesh and blood walked upon this earth.
Q: What is a latent defect? Can claims be made against the developer after the defects liability period (DLP)? In the context of a residential strata development, ‘latent’ (as opposed to ‘patent’) defects can manifest any time after the end of DLP.
Q: We recently formed a Management Corporation (MC).
KUALA LUMPUR (June 3): Notwithstanding a rise in direct government debt, Malaysia’s overall debt and liabilities in 2018 dropped 3.
KUALA LUMPUR (June 1): The Debt Management Committee chaired by the Ministry of Finance has convened its first meeting yesterday to tackle the government’s massive debt and liabilities of RM1.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
