Podcast
Questions and Answers
What is the main purpose of the Strata Title (Amendment) Act 2013?
What is the main purpose of the Strata Title (Amendment) Act 2013?
- To facilitate the management of common areas and facilities
- To establish a Strata Titles Board to hear disputes
- To amend the National Land Code
- To bring significant changes to the legal landscape of strata title developments and common property management (correct)
What is required for the subdivision of land and issue of strata titles?
What is required for the subdivision of land and issue of strata titles?
- Approval from the National Land Code
- Application by the original landowner or property developer (correct)
- Formation of a management corporation
- Application to the Strata Titles Board
What is the role of a management corporation in a multi-density development?
What is the role of a management corporation in a multi-density development?
- To collect financial contributions for the maintenance of common areas and facilities (correct)
- To represent strata unit owners in court
- To manage the sales of strata units
- To resolve disputes between strata unit owners
What prevails in the event of inconsistencies between the Strata Titles Act and the National Land Code?
What prevails in the event of inconsistencies between the Strata Titles Act and the National Land Code?
What is the purpose of the Strata Titles Board?
What is the purpose of the Strata Titles Board?
What is the consequence of the Strata Titles (Amendment) Act 2013?
What is the consequence of the Strata Titles (Amendment) Act 2013?
What is the purpose of the undertaking to inform the assignee in the event of foreclosure proceedings?
What is the purpose of the undertaking to inform the assignee in the event of foreclosure proceedings?
What is the purpose of the declaration to have no further rights, title, or interest in the assigned property?
What is the purpose of the declaration to have no further rights, title, or interest in the assigned property?
What is the purpose of the undertaking to execute a discharge of charge over the assigned property?
What is the purpose of the undertaking to execute a discharge of charge over the assigned property?
What is the purpose of the undertaking to refund monies released by the assignee to the chargee?
What is the purpose of the undertaking to refund monies released by the assignee to the chargee?
What is the purpose of the letter of undertaking from the purchaser's solicitors?
What is the purpose of the letter of undertaking from the purchaser's solicitors?
What is the significance of the individual/strata document of title in relation to the assigned property?
What is the significance of the individual/strata document of title in relation to the assigned property?
What is the main purpose of the Strata Titles Act 1985 extension to Labuan?
What is the main purpose of the Strata Titles Act 1985 extension to Labuan?
What is the purpose of the Electronic Land Administration System of Strata Titles?
What is the purpose of the Electronic Land Administration System of Strata Titles?
What is the consequence of not executing transfer documents of ownership of strata titles within the timeframe?
What is the consequence of not executing transfer documents of ownership of strata titles within the timeframe?
In what stage is the application for subdivision required to be made?
In what stage is the application for subdivision required to be made?
What is the purpose of the designation of limited common property?
What is the purpose of the designation of limited common property?
What is the timeframe for the execution of transfer documents of ownership of strata titles?
What is the timeframe for the execution of transfer documents of ownership of strata titles?
