Strata Title Act Malaysia 2019
An act to repeal and re enact with amendments the buildings and common property maintenance and management act chapter 30 of the 2000 revised edition so as to provide for proper maintenance and management of buildings and to make consequential amendments to the land titles strata act chapter 158 of the 1999 revised edition and certain other written laws.
Strata title act malaysia 2019. This was in response to the growing number of multi storey properties as a result of. Strata titles will be registered in the name of the landowners developers simultaneously with the vacant possession surrender in line with the new concept of issuance of strata titles. In malaysia the term strata dates back to the 1980s. July 7 2020 0.
Landowners developers should appoint licensed surveyors survey deposit to the land surveyors board and determine the share unit formula to osc before the approval of building plans. Following enforcement of amendments to strata titles act and introduction of strata management act 2013 strata titles need to be issued upon vacant possession of the property said siow. Developer yet to transfer strata title to house buyers. Buyer needs to check with the land office if the developer has actually applied for the strata title.
The term strata was first introduced legally in 1985 with the strata titles act 1985 sta. In the event that the developer has applied for the strata title buyer or lawyer appointed on behalf of the buyer shall inquire the developer on the transfer of strata title. The term strata was first introduced legally in 1985 with the strata titles act 1985 sta. Strata titles and strata property management in malaysia has had a chequered history prior to the introduction of specific laws relating to strata.
Peninsular malaysia the federal territory of kuala lumpur and the federal territory of putrajaya 1 june 1985 p u. Strata title resolves ownership issues part 2. Laws of malaysia act 318 strata titles act 1985 an act to facilitate the subdivision of building or land into parcels the disposition of titles and the collection of rent and for purposes connected therewith. As a consequence prolonged delay in issuance of strata titles should no longer be the case today.
According to siow the enforcement of the strata titles amendment act 2013 and strata management act 2013 enunciated that strata titles need to be issued upon vacant possession of the property. Strata titles and strata property management in malaysia has had a chequered history prior to the introduction of specific laws relating to strata. This was in response to the growing number of multi storey properties as a result. The issue document of title to a landed property is issued by the relevant authority under the national land code 1965 nlc whilst the issue document of strata title is issued under the strata titles act 1985 sta.
Strata title properties are parcels of properties in a building to be subdivided into separate parcels.