POST-ASSESSMENT

A strata development project is delayed due to incomplete SiFUS certification. What is the legal implication if units are sold without obtaining SiFUS?

• No legal consequence if buyers agree.

• The sale is valid but the developer may face fines.

• The sale is illegal, and the developer may be prosecuted under the Strata Titles Act.

• Only the Commissioner of Buildings (COB) can approve the sale without SiFUS.

If an owner refuses to pay maintenance charges, the Management Body can LEGALLY:

• Cut off water and electricity supply.

• Lock the owner out of their unit.

• Apply interest on outstanding charges and file a claim with the Strata Management Tribunal (SMT).

• Confiscate the owner’s property without a warrant.

When does a developer’s management period typically end?

• When 30% of units are sold.

• At the first AGM of the JMB.

• After the project obtains its CCC.

• When the COB issues a final management certificate.

Which scenario requires an Extraordinary General Meeting (EGM) instead of an Annual General Meeting (AGM)?

• Presentation of annual financial reports.

• Election of new committee members during a scheduled AGM.

• Urgent amendment of by-laws.

• Review of maintenance budgets.

A defaulter’s outstanding charges are not settled even after the SMT’s award. What’s the NEXT legal step?

• File for bankruptcy proceedings.

• Apply for a warrant of attachment to seize movable property.

• Request the police to detain the defaulter.

• Increase the penalty interest rate beyond legal limits.

A Management Corporation can impose a fine on an owner for violating by-laws without requiring approval from an AGM or EGM.

• False

• True

The sinking fund can be used for daily maintenance expenses, such as cleaning services.

• False

• True

What is the primary purpose of the sinking fund in strata property management?

• To pay for daily maintenance expenses.

• To cover long-term capital expenditures and major repairs.

• To finance legal disputes among residents.

• To manage monthly utilities for individual unit.

What is the statutory minimum contribution rate for the sinking fund under the Strata Management Act 2013?

• 5% of the maintenance charges.

• 10% of the maintenance charges.

• 15% of the maintenance charges.

• 20% of the maintenance charges.

Which of the following expenses can be legally paid from the sinking fund?

• Monthly salary of security guards.

• Routine cleaning services for common areas.

• Major roof repairs for common property.

• Water bills for individual units.