PETALING JAYA: Strata property owners who find themselves mired in problems related to strata living may seek the help of the Commissioner of Buildings (COB), Chur Associates founder and managing partner Chris Tan told the audience at the EdgeProp.my Symposium on Excellent Property Management 2019 on April 27 (Saturday) themed “Is your investment future-proof?”. For example, when a management committee fails to be formed during an Annual General Meeting, the COB could step in to appoint a managing agent to handle issues related to property management. However, the COB is limited to the role of enforcer for the Strata Management Act, thus, their power is subject to the Strata Management Tribunal (SMT) — an institution under the Ministry of Housing and Local Government (KPKT). For cases involving the Joint Management Body (JMB), property owners will need to seek the assistance of the SMT. The symposium was organised by EdgeProp.my with partners Nippon Paint Malaysia and supporting sponsors Gamuda Land and Panasonic Malaysia.

Source: The Edge Markets April 27, 2019 04:07 UTC