Strata Title Act Malaysia 2020
July 7 2020 0.
Strata title act malaysia 2020. Peninsular malaysia the federal territory of kuala lumpur and the federal territory of putrajaya 1 june 1985 p u. Whereas strata title is a document of subsidiary ownership of the master title which is registered and regulated by the land office. In malaysia the main law that regulates the issuance or transfer of strata titles is the strata titles act 1985 says tan. Strata titles and strata property management in malaysia has had a chequered history prior to the introduction of specific laws relating to strata property and strata management various studies were conducted comparing the laws in the.
Strata title properties are parcels of properties in a building to be subdivided into separate parcels. Strata titles and strata property management in malaysia has had a chequered history prior to the introduction of specific laws relating to strata. It requires property developers to satisfy certain pre requisites and obtain all the necessary approvals as required by the act so that the issuance of strata titles can be done simultaneously with delivery of vacant possession vp. But in 2013 parliament passed the housing development control and licensing amendment act 2012 and the strata titles amendment act 2013 which made major changes to the laws on the issuance of strata titles.
The strata titles boards stb will resume operations from 2 june 2020 onwards with continued safeguards in place to mitigate the spread of covid 19 click here for the full notice. This was in response to the growing number of multi storey properties as a result. 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. Notice on resumption of operations.
The term strata was first introduced legally in 1985 with the strata titles act 1985 sta. Owners of the strata titles do not get confirmation from the developer for the purpose of transfer and the ownership is protected by the strata titles act 1985 and the national land code. 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. Subsequently the housing development control and licensing amendment act 2012 and the strata titles amendment act 2013 came into force on june 1 2015.