A strata management is the stratified building and joint-property management and maintenance within a strata scheme.

A Strata scheme is a property development that divides building or land to lots, accessories lot and joint-property and the management system already specified for that scheme. For example, flat, condominium, townhouse, shophouse, office, SOHO, business complex and houses within the gated community scheme.

The developer, JMB or MC need to open and maintain two type of accounts and all service payments from the buyer and owner will be debited into this account. Below are these two accounts :