Act

Duties and powers of management corporation (MC)

Duties to establish maintenance account of the management corporation; to establish sinking fund account of the management corporation; to properly maintain and manage the subdivided building or land and the common property and keep it in a state of good and serviceable repair; to determine and impose the Charges to be deposited into the maintenance…

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Act

Duties and powers of joint management body (JMB)

Duties to establish maintenance account; to establish sinking fund account; to properly maintain and manage the building or land intended for subdivision into parcels and the common property, and keep it in a state of good and serviceable repair; to determine and impose the Charges to be deposited into the maintenance account for the purpose…

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