Ahad, 25 Oktober 2009

Introduction Of Strata Title Survey

Under The Strata Act (STA) 1985, subdivision of building means the issue of separate titles which are called strata titles for each of the parcel (unit) in the building which has two ore storey. When the building is subdivided, title to the land on which the building stands is retained but it ill registered under a body called the Management Corporation (MC) that excited automatically as soon as the strata titles to the parcels are registered. The C consists of all the purchases/body that is registered as owners of the strata titles of the parcels. When the strata titles are registered, all the titles are in the name of the proprietor/body that was last registered as owner of the land.

    When it formed, the MC takes over from the owner of the land the responsibility regarding the land and the building apart from the parcels which have been registered. This means that the MC will be responsible for payment of the land, insurance to the building and to keep in good condition the facilities available in and around the building. STA 1985 come into force in 1.6.1985 to replace sec. 151-157 of NLC 1965. It is also to facilitate the subdivision of building into parcels and disposition of titles. All the law regulated to Strata Title is amended in Act a753 (1990) including new elements and in Act A951 (1.8.1996) also including the new elements

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