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Hakmilik Strata
- Amendment Act A1450
Amendment Act A1450
There are 5 conditions for compulsory application of strata titles:
- In the case of a new concept of workflow that deals with the sale and purchase agreement and super structure stage occur after the effective date of the amendment of the Act, the period of compulsory application of strata is 3 months from the date of the super structure stage.
- For the terms of the sale and purchase agreement made before the effective date of the amendment of the Act and the CCC/ CFO issued after the effective date of the amendment of the Act, the period of time required to apply for a strata is 3 months from the date of issuance of CFO/ CCC.
- For buildings sold or issued a CCC/ CFO after the amendment of the act, the mandatory period to apply for strata shall be 3 months from whichever is later.
- In the case of a sale and purchase agreement and CCC/ CFO issued prior to the effective date of the amendment of the Act, the mandatory period for applying the strata is 3 months from the date the Act is gazetted.
- In the case of CCC/ CFO being issued before the effective date of the amendment of the act but the sale and purchase agreement is made after the effective date of the amendment of the act, the mandatory period for applying the strata is 3 months from the date of the sale and purchase agreement.
Buyers may contact a liquidator to make a breakdown application of the building. However, if the liquidator has no provision to cover the cost of the application, all costs will be borne by the buyers.
No, the concept of a strata title simultaneously with vacant possession only applies to a sale and purchase agreement (including phased developments) signed after the enforcement of the Act.
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- Updated Date : 29 April 2024.
