Management Corporation (MC for Apartment & Condos), Anyone in?
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 Apr 1 2018, 05:17 AM, updated 8y ago
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#1
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Junior Member
253 posts Joined: Jul 2006 From: dIHaDaPaN KoMpUtEr   
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Hi,
I would like to know how a Management Corporation/Maintenance & Management for apartment/condo works?Is it a business? Who can do this?or how do this corporation is set up? What qualification do one need? Anyone into this,please clarify.Thanks This post has been edited by Conroe: Apr 1 2018, 05:20 AM |
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Apr 1 2018, 09:47 AM
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#2
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All Stars
14,962 posts Joined: Mar 2015
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while waiting for response....
I googled this and hope it can provide you with some added info while you wait... https://www.google.com/search?source=hp&ei=...1.0.fC4q94uDjug |
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Apr 2 2018, 10:02 AM
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#3
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Staff
25,802 posts Joined: Jan 2003 From: Penang 
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MC is management body that empowered by Strata title act to manage the stratified property.
It can be set up once owners have their own strata title, through AGM/EGM. |
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Apr 2 2018, 11:07 PM
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#4
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Junior Member
253 posts Joined: Jul 2006 From: dIHaDaPaN KoMpUtEr
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Thanks for the feedbacks!
I did some research and basically there is these Management/Facilities Management company that will work as JMB. |
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Apr 3 2018, 09:45 AM
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#5
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(Conroe @ Apr 2 2018, 11:07 PM) Thanks for the feedbacks! Once owners get the strata title, MC is formed to replace JMB.I did some research and basically there is these Management/Facilities Management company that will work as JMB.  To simplify. JMB = Property purchasers + developer representative MC = Strata title owners only Work or empowered scope are more and less the same. |
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