Management Corporations in Malaysia, 2nd Edition

Author: Michael J Willis
Publisher: Sweet & Maxwell Malaysia
ISBN: 9789670498492
Published In: September 2017
Format: Paperback , 226 pages
Jurisdiction: Malaysia ? Disclaimer:
Countri(es) stated herein are used as reference only

HKD 800.00

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Contents
Author

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Management corporations have statutory duties and powers under Malaysia's strata laws. Owners, on their part, must be engaged to ensure that their investment, lifestyle and financial well-being are protected and enhanced when living in strata developments. This book gives owners the tools to do that. It expresses in as plain a language as possible the meaning of the key provisions of the Strata Management Act 2013 as well as the Regulations and By-Laws made under it.

In this readable book, the author supplements explanations with informed commentary on the implications of the statutory provisions. In the process, numerous specific and practical suggestions are provided on how to improve strata management practice. The analysis and commentary add significant value to the text. Where appropriate, comparisons are also made with the position in jurisdictions outside of Malaysia to discern best practices.

Drawing on his experience as an owner-occupier of a condominium apartment in Kuala Lumpur and his first-hand knowledge of strata living in Malaysia, the author has prepared an engaging guide on the statutory scheme which impacts on management corporations.

This book will greatly benefit strata property owners and prospective owners as well as professional, industry and consumer associations, the broader real estate industry including valuers, property managers and developers, and state and federal land office/department officials.

NEW IN THIS EDITION

description and discussion of the extensive array of duties and legal obligations of management corporations now enshrined in newly prescribed By-Laws
description and discussion of the general duties of, and prohibitions placed on, owners and occupiers under newly prescribed By-Laws
details and analysis of subject matter contained within By-Laws covering renovations, vehicle use, solid waste disposal and maintenance and management of common property
analysis of new ways under which management committees are to function designed to emphasise greater accountability and transparency in the way they function and make decisions
inclusion of all prescribed Forms, Notices and Certificates relevant to the day-to-day workings of a management corporation;
details of new eligibility requirements for those nominating for membership of representative bodies including the opening up of membership of the management committee to non-owners
analysis of the workings of the Strata Management Tribunal
special commentaries comparing and contrasting features of Malaysian strata laws with that of overseas jurisdictions including suggestions on how to improve strata management law and practice as well as highlighting omissions and shortcomings
case studies based on (real life) factual scenarios pertinent to the operations of management corporations; and
references to relevant case law.

Chapter 1 Key terms

Chapter 2 The operation of management corporations

Chapter 3 Common property maintenance

Chapter 4 Financial management

Chapter 5 Insurance

Chapter 6 Management corporation records

Chapter 7 Decision-making of a management corporation

Chapter 8 Management committees

Chapter 9 Building manager

Chapter 10 Responsibilities and entitlements of owners and occupiers

Chapter 11 By-Laws

Chapter 12 Resolving disputes and complaints

APPENDICES

Michael Willis is a trained lawyer, law teacher and researcher and legal consultant. He has considerable experience in drafting legislation including regulations and has worked for government as a departmental drafting instructor assisting in the preparation of legislation. He has also been admitted as a lawyer to the Supreme Court of Western Australia (non-practising).

He is presently an owner-occupier of a condominium apartment in Kuala Lumpur and so has first-hand knowledge of the benefits and challenges of strata living in Malaysia.

Relevantly, he has been an owner-occupier and remains an investor of strata-titled properties in Australia. This includes being actively involved with a body corporate.

His legal training and legislative drafting experience combined with his active engagement with strata living in Malaysia has prompted him to write this text. Its primary purpose is to encourage and assist other owners to understand their obligations and rights under Malaysian strata laws and play a more active role in their management corporations. The publication is also intended to guide other key players within the residential strata property market as well as those prospective buyers contemplating a move into a strata-titled residential property. Michael J Willis