10 Questions
Who is responsible for paying the management fees for strata properties?
The unit owner
What is the purpose of the Strata Property Management Act 2013 Malaysia?
To ensure proper maintenance of common property in strata developments
What is the duty of the Joint Management Body (JMB) as per the Strata Management Act 2013?
Maintaining, overseeing, and repairing the common property
What is deposited into the maintenance or sinking fund account under the name of the Joint Management Body?
Monies collected from tenants or strata owners
How is the individual management fee determined initially for strata properties?
By the property developer's discretion
What is the purpose of a deed of assignment in property transactions?
To transfer the rights, interests, and title to the owner's financier
When is a Strata Title required to be applied for by developers?
When sharing common facilities in a multi-storey building development
What happens when the Strata Title is issued for a property?
The owner is able to use the property as with an Individual Title
What type of properties are issued with an Individual Title?
Semi-D houses, terrace houses, bungalows, etc.
What form needs to be filled in the Malaysian National Land Code to sell a property?
Form 14A
Test your knowledge about the differences between strata title and individual title for properties. Understand the ownership rights and shared facilities in multi-storey buildings and landed properties.
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