There are many available schemes you can look into, such as rumawip, PR1MA and so on. Condominiums and apartments are getting more popular in the past 5 years. Properties such as condominiums and apartments are also known as strata property. However, there are many people who are still unaware of the Strata Management Act 2013 that came into force in 2015. This article will tell you more about the Strata Management Act 2013.
The maintenance fees collected from strata owners are solely used for maintaining and ensuring common properties stay in good condition, such as:
The JMC or developer has the right to keep the movable property until the debt is cleared within 14 days. If the debt is not cleared within 14 days, the movable properties will be sold by auction, by the developer or JMC under the supervision of the Commissioner.
If the issue is not solved after convicted, he or she is liable for a further fine not exceeding RM50 per day. In conclusion, it is a crime not to pay for management fees. Do make sure you pay for your maintenance fees on time to avoid committing a crime, unintentionally or intentionally. After all, the JMB will be the one to help you maintain the common property of your building.
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