When a JMB (Joint management body) of a condo unable to pay the debt, what will be the consequences?

is it possible to hand over to a new JMB without paying the debt and left the legal responsibilities to the old JMB?

kindly help..!

JMB is a legal establish body under the strata title requirement, it is register with the COB of Bandaraya or City council. Kindly check with the local authority.

Thanks from http://malaysiahome.blogspot.com/

Previous JMB or current JMB is still the same JMB, only the person in JMB change.

JMB or its member have to take the legal responsibilities

if JMB is liable for the debt, then what about the previous committee?
Can they runaway from it?

Learn from Balkis (Badan Kebajikan Isteri-isteri Wakil Rakyat Selangor).
Study their strategy..

nothing to do with the previous committee on the debts, they r just elected member of the JMB...but if they is any misconduct on the JMB/MC's fund then they can be sued.

Seriously, be the member of the JMB = 吃力不讨好

ya.. instead of complain to the management, then better to roll up our sleeves, for the sake of better maintenance and upkeep the property value.

Agree... Talk to the JMB head directly and check whether they are sincere...
if yes, ask whether there is anything you can assist.
if no, then it's time to arrange annual meeting to re-elect JMB

what if the case the money was owing before the JMB is formed?

haha this is the million dollar Q.

Q: What about the receivable owe by the resident/ owner before the JMB is formed?

in most case, the management co appoint by the developer/ their sister co with submit their "audited" account with huge lose, and the COB just don't bother to look into it

Ask some one to look into the Acc and reject it then try to nego with the COB, so that yours JMB can start from "0" rather than take the debts.

your answer worth a million .
"Ask some one to look into the Acc and reject it then try to nego with the COB"


need guidance on the steps:
who is the "someone"? the JMB committee?
where to get COB contact, COB organisation sructure, is it under MBPJ if the condo at PJ?
how to nego with COB? shall we wrote to them and get their black and white consent say that, ok, this JMB will not carry such debt ?

million thanks