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STRATA MANAGEMENTUNDERSTANDING THE DUTIES, POWERS & LEGAL OBLIGATIONS OF DEVELOPERS, JOINT MANAGEMENT BODIES AND MANAGEMENT CORPORATIONS Date: 11 May 2019 Venue: Hotel Istana Kuala Lumpur City Centre

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How to fill out strata management

01

Familiarize yourself with the strata management documentation including by-laws and rules.

02

Attend strata meetings to understand the decision-making process.

03

Complete necessary forms and paperwork provided by the strata management company.

04

Ensure all fees and levies are paid on time to avoid penalties.

05

Communicate any concerns or issues to the strata management company for resolution.

Who needs strata management?

01

Property owners in strata-titled buildings or communities.

02

Developers or builders of strata developments.

03

Investors who purchase strata-titled properties for rental income.

04

Tenants residing in strata-titled properties.

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What is strata management?

Strata management refers to the administration of a residential or commercial property that is divided into separate lots or units, involving the management of common areas and facilities.

Who is required to file strata management?

Strata management is typically required to be filed by the strata corporation or the body corporate that manages the property.

How to fill out strata management?

Filling out strata management usually involves completing various forms that detail the financial and operational aspects of the strata corporation, alongside gathering necessary supporting documents.

What is the purpose of strata management?

The purpose of strata management is to ensure the efficient running of a strata scheme, manage shared facilities, maintain property values, and uphold the rights and responsibilities of property owners.

What information must be reported on strata management?

Information that must be reported on strata management includes financial reports, maintenance schedules, insurance details, meeting minutes, and compliance with relevant laws.

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