This is the second time I am posting on this subject. But even though at the risk of being labelled as nagging, I still insist on posting on this subject. I came across a very good comment as follow:-
A person who purchases a unit in a strata development enters into a three-fold legal relationship; firstly, he is the individual owner of his unit; secondly, he is a co-owner with all other owners of the common property and the land of the strata development, and thirdly, he is automatically a member of the owners' body to whom the management and maintenence of the scheme is entrusted. Harmony can only be achieved if the strata development is managed properly, the common property and facilities maintained adequately and regularly. The proper maintenance, efficient management and ultimately the success of the strata development will depend on a steady flow of payments to the coffers of the common fund of the owners' body. Repeated failure to contribute to common expenses may hinder timely maintenance and efficient management and ultimately wreck the whole strata development scheme. Every strata property purchaser or owners should read the Building and Common Property (BCP) Act to understand their duties as an individual owner first, secondly as a co-owner of the common property of the strata development and thirdly as a member of the owners' body formed.
Bye.
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