18 Questions
What is the primary purpose of a management corporation in a multi-density development?
To collect financial contributions for the on-going maintenance of common areas and facilities
What is the name of the board established to hear and determine disputes under the Strata Act 1985?
Strata Titles Board
What is the primary purpose of the Strata Titles (Amendment) Act 2013?
To introduce significant changes to the legal landscape relating to strata titles and common property management
What is required for the subdivision of land and the issue of strata titles to individual owners?
Application by the original landowner or property developer
What prevails in the event of any inconsistencies between the Strata Act 1985 and the National Land Code?
The National Land Code
What is the purpose of the Strata Titles (Amendment) Act 2013 in relation to the National Land Code?
To ensure consistency with the National Land Code
What is the purpose of the undertaking to exclude rights, title, and interest in the assigned property?
To facilitate the issuance of individual/strata document of title
What is the consequence of the discharge of charge being rejected for registration by the land authority?
The assignee refunds monies released by the assignee to the chargee
What is the purpose of the undertaking from the purchaser's solicitors?
To deliver a duly adjudicated and stamped memorandum of transfer
What is the purpose of the undertaking to inform the assignee in the event of foreclosure proceedings?
To notify the assignee of foreclosure proceedings
What is the purpose of the declaration to have no further rights, title, or interest in the assigned property?
To exclude the chargee's rights, title, and interest
What is the purpose of the undertaking to execute a discharge of charge over the assigned property?
To enable the issuance of individual/strata document of title
What is the main purpose of the Strata Titles Act 1985 extension to Labuan?
To provide a framework for strata title management
What is the compulsory requirement for the original proprietor under the STAA 2013?
To apply for subdivision of a building or land at the super structure stage
What is allowed in the case of phased developments under the STAA 2013?
The issuance of a provisional strata title for a provisional block
What is the purpose of designating limited common property under the STAA 2013?
To represent the different interests of parcel proprietors
What is the timeframe for the execution of transfer documents of ownership of strata titles?
Thirty (30) days from the date of issue by the Land Administrator
What is the term for the person to whom the land is transferred, according to Section 214 of the NLC 1965?
Transferee
Test your knowledge on the Strata Title Act 2013, including its amendments, requirements, and management operations. Learn about the subdivision of land, strata titles, and property development. Evaluate your understanding of the Act's provisions and applications.
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