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 BE CAREFUL: Landed Properties With Stata Title, You can face high maintenance fee later!

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SUStikaram
post Apr 6 2014, 08:55 AM

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QUOTE(cherroy @ Apr 5 2014, 05:01 PM)
Landed property with strata title vs individual title has both advantage and disadvantage.

Individual title.
No obligation for maintenance fee.
But if want to have security to patrol, safeguard the housing area, then it depends on willingness of neighborhood to contribute to pay for the expenses for it.
If there is people don't want to pay for it, basically, no law can be enforced on them. So you may have awkward situation if some people do not want to cooperate.

But with strata title one, the unit owner is governed by strata title act, that unit owner is obliged to pay the maintenance fee under the strata title act, so action can be imposed on those refuse to pay maintenance as compared to individual title one.

With G&G and clubhouse facilities are features that most wanted by property owner nowadays, a maintenance fund is a must to keep the property in good shape, this is inevitable.
So in this case, strata title act provides the platform for it.
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The place that i stay is individual title. We dont have problem like wat u said. In fact it is one the best township in kajang.

Jade Hill

Pls do more research.
SUStikaram
post Apr 6 2014, 10:27 AM

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QUOTE(cherroy @ Apr 6 2014, 11:19 AM)
Yes, if everyone cooperate, surely everything fine and pleasant, disregards whatever kind of property.

The discussion previously that being highlighted is that under individual title, there is no law bidding, all depended on cooperation between neighborhood.
Under strata properties, it is law bidding to pay maintenance fee.

See the word in the statement of "if". I never said which or any individual title property must be bad or must face problem.

Anyway,
any story/info regarding how well/bad/problem of MC/JMB or individual title property is always welcomed.
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No true... those not paying one also by the doc they have signed. Pls do more research.

 

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