The Building & Common Property (Maintenance & Management) Act 2007 (Malaysia) came into force on 12th April 2007. It is an Act to provide for the proper maintenance and management of buildings and common property, and for matters incidental thereto.
Before the Act came into force the maintenance and management of building housing two or more storeys and common property was governed by the Housing Development (Control and Licensing) Act 1966 (Malaysia) (Act 118) and the Strata Titles Act 1985 (Malaysia) (Act 318). Under this legislation, the developer was responsible for the maintenance and management of the common property before the formation of the management corporation ie before the issuance of the strata title.
After the Building & Common Property (Maintenance & Management) Act 2007 came into force the management and maintenance of the common property prior to the formation of the management corporation is no longer under the sole governance of the developer but comprised of the representatives of the developer and the purchasers of the property as well. This was done through the establishment of the joint management body.
This preview is an excerpt from the following publication. this publication for access to all the commentary and precedents.
by By Lawyers For Lawyers author - Jayadeep Hari & Jamil
This step by step guide provides a comprehensive directory and convenient precedents which will help ensure a smooth and easy property sale.
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All matters are covered including;
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