Strata Titles Act: Latest Amendments And Guidelines And How They Affect Developers And Property Owners February 28, 2008

Outline



· Key amendments and salient issues

· What are the important provisions and possible pitfalls?

· Management corporations - formation, regulations and the extent of developers’ responsibilities

· Joint management body - what and how they operate?

· Issues of Enforcement and Responsibilities

· Maintenance and Management Parameters/Duties and Power

· Sinking funds / accounts and accountability

· Management Fees - collection and related issues

· Application and issuance of strata titles – relevant authority, regulations and procedures

· Delays in applications and / or issuance of Strata Titles: how can they be addressed?

· Implications of the Act of Gated and Guarded Communities - change of status quo

· Strata Tiles (Amendment) Act 2007 / Building and Common Property (Management & Maintenance) Act 2007

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