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Strata Management Handbook
As a strata unit owner, you need to understand good strata maintenance and management practices to ensure a well maintained living environment, which will safeguard the investment value of your property. This Strata Management Handbook provides a fundamental understanding of how to navigate through the intricacies of strata management processes and legal issues. With this handbook, you can enjoy a safe and worry-free journey in strata property ownership.
GRAB IT NOW! While stocks last.
Strata Management Handbook
As a strata unit owner, you need to understand good strata maintenance and management practices to ensure a well maintained living environment, which will safeguard the investment value of your property. This Strata Management Handbook provides a fundamental understanding of how to navigate through the intricacies of strata management processes and legal issues. With this handbook, you can enjoy a safe and worry-free journey in strata property ownership.
GRAB IT NOW! While stocks last.
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“I believe that this handbook will be a good tool, for property developers to share with all their staff to enhance their knowledge and will also serve as a good granding gesture, as a gift to each of their strata development purchasers, to manage their purchaser’s expectations as to what strata living will involve. “
– Mr. Ngian Siew Siong , Strata Management Handbook Editor
Frequently Asked Questions
The relevant provisions from the Strata Management Act are as follows.
There shall be a chairman, secretary and treasurer, all of whom shall be natural persons; to be elected by the management committee from among its members immediately after the conclusion of the general meeting but no chairman, secretary or treasurer shall hold office for more than two consecutive years. [Strata Management Act, Second Schedule, Para 2(5)]
All the members of the management committee of a management corporation shall retire from office at the conclusion of the next annual general meeting. A retiring member of the management committee shall be eligible for re-election but no member of the management committee shall hold office for more than three consecutive terms. [Strata Management Act,Second Schedule, Para 2(6)]
The first annual general meeting shall be held within one month after the expiry of the initial period and the subsequent annual general meetings shall be held once in each year, provided that not more than fifteen months shall lapse between the date of one annual general meeting and the next.[Strata Management Act, Second Schedule, Para 10(2)]
In brief the term of the members of the management committee shall not be more than 3 consecutive terms. Whereas the term of the chairman, secretary and treasurer shall not be more than 2 consecutive years.
A year is 12 months and whereas a term can be up to maximum of 15 months (12 months plus 3 months extension as allowed for under Strata Management Act, Second Schedule, Para 10(2)).
In the case of the term of the chairman, secretary and treasurer, it is 2 consecutive years ie. 24 consecutive months, as per Strata Management Act, Second Schedule, Para 2(5).
This is to ensure that there is no abuse to extend the term of the General Committee by not holding Annual General Meeting within each year. [Ref: Strata Management Act, Second Schedule, Para 10(2)]