TL Property Management Sdn Bhd

TL Property Management Sdn Bhd Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from TL Property Management Sdn Bhd, Property management company, LOt D-01-01, Block D, LEvel 1, Sky Park@Jalan USJ 25/1, One City, Subang Jaya.

TL Property Management Sdn Bhd (TLPMSB) lead by a core team which having 15 years experience in Property Development & Management Industry to provide comprehensive and integrated property management service and solutions.

We share you the Strata Management ( Strata Management Tribunal) Regulations 2015. It is important to understand the pro...
08/11/2021

We share you the Strata Management ( Strata Management Tribunal) Regulations 2015. It is important to understand the procedure of tribunal and related from is required to submit to Tribunal.

The act provides the content such as below:
Part I: Preliminary
Part II: Commencement of Proceedings
Part III: Service
Part IV: Classification of Claims
Part V: Procedure
Part VI: Summons to Appear
Part VII: Interlocutory Order
Part VIII: Security for Costs
Part IX: Discovery and Production of Documents or Materials
Part X: Interrogatories
Part XI: Tribunal Expert
Part XII: Miscellaneous

Sources: Attorney General Chambers of Malaysia

of Malaysia
Management ( Strata Management Tribunal) Regulations 2015

We share you the Strata Titles Act 1985. The Strata Title Act (STA) 1985 was the first legislation to govern the subdivi...
26/10/2021

We share you the Strata Titles Act 1985. The Strata Title Act (STA) 1985 was the first legislation to govern the subdivision buildings
into parcels in Peninsular Malaysia.

The act provides the content such as below‼:
a. application of subdivision of building
b. registration of strata titles
c. provisional block, issue of strata title upon completion of building
d. subdivided building division and amalgamation of parcels
e. right and obligation attaching to individual parcels and provisional blocks
f. management of a subdivided building
g. termination of subdivision of subdivided building
h. provision for low costs buildings

Sources: Commissioner of Law Revision, Malaysia

# Law of Malaysia
# Strata Title Act 318

We share you the Strata Management ( Maintenance and Management ) Regulations 2015. ☺️There are many part which consists...
25/10/2021

We share you the Strata Management ( Maintenance and Management ) Regulations 2015. ☺️

There are many part which consists of as below🛎:
a. dealing in building or land intended for subdivision into parcels
b. assignment of share units where no share units have been assigned.
c. management by developer and joint management body before existence of management corporation
d. miscellaneous provisions applicable before establishment of management corporation
e. management by developer before and after first annual general meeting of management corporation
f. subsidiary management corporation and limited common property
g. miscellaneous provisions applicable to management corporation and subsidiary management corporation
h. recovery sums by attachment of movable property, management agent appointed by commissioner, and defect on property such as inter-floor leakage and so on.

Sources: Attorney General's Chamber Malaysia

We share you the Strata Management ( Compounding of Offences) regulation 2019. Highlight‼The regulation as mentioned of ...
25/10/2021

We share you the Strata Management ( Compounding of Offences) regulation 2019.

Highlight‼
The regulation as mentioned of the information as below:
a. offer and acceptable of compound
b. compound offences
c. payment of offences
d. method of compound💰

Sources: Attorney General's Chambers

# Law of Malaysia
# Strata Management ( Compounding of Offences ) regulation 2019

Wish you and your family many joyous moments on Mawlid al-Nabi and blessings today and always!
19/10/2021

Wish you and your family many joyous moments on Mawlid al-Nabi and blessings today and always!

We share🛎 the JMB duty/power in managing strata properties 🏢  such as below:a. maintain and manage the buildingb. determ...
12/10/2021

We share🛎 the JMB duty/power in managing strata properties 🏢 such as below:

a. maintain and manage the building
b. determine and impose the charges💰 to be deposited into the maintenance and sinking fund account
c. employ or arrange and secure the services of any persons
d. effect the insurance or insure against such other risks by special resolution
e. comply any notice or order given by local authority such as improvement or repairing the common property
f. prepare and maintain a register of all parcel owners 🙍‍♀️of buildings
g. ensure the accounts are audited
h. authorize the expenditure for carrying out the maintenance and management of building
i. recover from any parcel owner any sum expended by JMB

‼️This is important to understand the duty/power of JMB to manage property in good faith and properly to avoid any negligence of misconduct in duty.

Kindly share and like if you find this post is useful! ☺

We share the process of transfer of ownership of title🏢. Based on our land law in Malaysia🇱🇷, the title is important to ...
04/10/2021

We share the process of transfer of ownership of title🏢. Based on our land law in Malaysia🇱🇷, the title is important to prove the ownership of property where we use the " Torren System".

For the properties especially completed prior to 2015, the strata title may not yet issued during vacant possession. It is important for the purchaser to complete " perfection of strata title " which means process of changing the original proprietor to current owner's name.

So, what happens after the Developer informs an owner 🙍‍♀️that the Strata Title has been issued?

Step 1️⃣: Developer's panel lawyer and purchaser bank's panel lawyer will contact with you to execute the Memorandum of Transfer (MOT) and the Memorandum of Charge (MOC).

Step 2️⃣: Purchaser needs to have at least 1-3% of purchase price to pay for lawyer fee, stamp duty and bank charges.

Step 3️⃣: Purchaser still need to pay full ad valorem stamp duty on the MOT calculated based on the purchase price of as stated in SPA. This is because purchaser only pay nominal stamp duty of RM 10 when purchasing from developer previously for purchasing of new property.

However, you only need to pay nominal stamp duty of RM 10 💰on the MOT for the sub-sale property, if you had purchased the property via a sub-sale, since the full ad valorem stamp duty already paid on the Deed of Assignment at the point of purchase from the previous owner.🤓

Try not❌ to delay the perfection of strata title because it is the evidences of your indefeasible ownership of the property, fully exercise the rights over your property to vote or disposal in future.

Kindly share and like if you find this post is useful!☺️

of ownership of title
of transfer
Care Stay Safe

Change your perception of what you think you are and capable of. Another way of thinking would open more opportunity and...
28/09/2021

Change your perception of what you think you are and capable of. Another way of thinking would open more opportunity and what is truly possible in your life.

Patient to ourselves and mindfully pour in the positive in order to gradually dissipate the negative.

Hope you enjoy your life in wondrous way.

Link Property Management

We share the essential things to handover by Developer to Joint Management Body. For example: ☑️Administration office, ☑...
24/09/2021

We share the essential things to handover by Developer to Joint Management Body. For example:
☑️Administration office,
☑️Unaudited/audited account,
☑️Record, plan
☑️Others

Highlight‼️🔔: Timeframe of handover from developer to JMB also important by consider the actual practical operations as below:
a. issuance of JMB certificate from COB by submission of document required💼
b. opening of bank accounts, selection after issuance of JMB certificate to open the bank account to allow developer transfer all monies to the JMB bank account💰.

Kindly to like and share the post if you found the post is helpful to you. Thanks

Sources: Strata Management Act 2013

from Developer to JMB
Handover

Address

LOt D-01-01, Block D, LEvel 1, Sky Park@Jalan USJ 25/1, One City
Subang Jaya
47650

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