The buyer who has settled the service payment is qualified to vote in the JMB meeting. The joint buyer is not eligible to vote unless he/she is appointed as proxy. If after half an hour of the meeting is conducted, the total number of members who presence is not enough to form a quorum, therefore any presence members who are eligible to vote can form a quorum.
JMB establishment starts from the first meeting date which is required to be held not later day than twelve (12) months from the date the buyer received the vacant ownership. The task for calling and managing the first meeting is under the developer responsibility. If the developer failed to do so within the stipulated time, COB can appoint another party to manage it.
The purpose of JMB establishment is to provide an opportunity to the buyer to manage and maintain the building and joint property. Hopefully this will give a chance for you and the other owner to gain some experiences in the maintenance and management thus create a good relationship with the developer.
After the vacant possession has been delivered to the buyer, the developer is required to surrender the maintenance and management responsibility to the JMB by organizing the first meeting within the first 12 months.
The vacant possession (VP) submission is after the strata ownership has been issued, the building and joint-property will manage and maintain by three different management entities.
Strata Management Act 2013 (Act 757) and Strata Management Terms & conditions (Maintenance & Management) 2015, Strata Management Terms & conditions (Strata Management Tribunal) 2015 & Strata Ownership Act 1985.
Apart from that, Strata Ownership Act Division VI 1985 also contained allocation related to the division building management (strata ownership has been issued).
A section whereby all lot buyers/owners can enjoy in addition to the lot/accessory lot. For example, visitor parking lot, lift, stair, main pipe tank, letter box, security guard house, open space, landscape area, swimming pool, wall fence, hall, court, children playground and others.
Each lot is given a share value according to the width of the lot floor area and subject to the ballast stated under Act 757 or Strata Ownership Act 1985. This share unit is essential served as a determining factor to:
An accessory lot is used as an adjunct with the lot and exclusively used by the lot buyer/owner. Please take note that the accessory lot cannot be sold separately. For example: Parking lot.
A lot is an individual unit within a certain strata scheme. A land lot is a land lot individual unit that has a building not more than 4-storey in a strata scheme.