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CONTENTS
Introduction 1
1 Share Value 3
Significance of share value
What does share value represent?
Who determines share value?
How the share value is determined
Share value in a staged development
Can the share value of a strata lot be changed?
2 Duties and Responsibilities of the
Subsidiary Proprietor 6
Contributions by subsidiary proprietors
Maintenance of lots and exterior features
Inter-floor leaks
Compliance with notices
By-laws
Improvements and additions to lots
3 Duties and Responsibilities of the Developer 8
Maintenance fund
Constitution of the management corporation
The initial period
First annual general meeting
4 The Management Corporation 11
Responsibilities of the management corporation
Election of the council of the management corporation
Eligibility for election to the council
Duties of the office bearers of a council
Restrictions to the council
Disclosure of interests
5 Meetings 15
Meetings of the management corporation
Meetings of the council
6 Maintenance Contributions 19
Contributions for maintenance and other expenses
Recovery of maintenance contributions
Variation of contributions
Rebates and incentives for early payment
7 Managing Agents 21
Appointment of the managing agent
Duties and liabilities of the managing agent
Independent accreditation schemes for managing agents
8 By-Laws on the Use & Enjoyment of
Common Property 23
Compulsory by-laws
Making of additional by-laws
Breach of by-laws and remedy
House rules
Exclusive use by-laws
9 Insurance 27
Insurance by the management corporation
Insurance by individual owners
10 Resolutions 28
Resolution by consensus
Comprehensive resolution
Unanimous resolution
90% resolution
Special resolution
Ordinary resolution
Summary of resolutions
11 Resolving Disputes 31
Resolving disputes by talking to the other party
Seeking mediation
Referring disputes to a Strata Titles Board
Referral to the courts
12 Two-tier management corporation scheme 33
What type of property is eligible for two-tier MC schemes
Limited common property
What developments are suitable for a two-tier MC scheme
Formation of a sub-MC
Function and administration of sub-MCs
Contributions by the subsidiary proprietors of a sub-MC
13 Staged Development 36
Staged development contract
14 Getting Information 38
Getting information from the management corporation
Getting information from other sources
Glossary 42
Management corporation :
A management corporation (MC) is a body corporate
with perpetual succession capable of suing
and being sued and comprising as its members all
the subsidiary proprietors of the estate. The MC is
formed when the strata title plan is lodged with
the Chief Surveyor and a strata title application
is made to the Registrar of Titles of the Singapore
Land Authority. The MC has powers, duties and
functions conferred or imposed by law to control,
manage and administer the common property for
the benefit of the subsidiary proprietors.
Regulation :
Subsidiary legislation or regulation prepared under
the primary legislation, for example, the Building
Maintenance and Strata Management Act.
Strata roll :
A register of the owners, mortgagees and share
values of each unit in the development.
Strata title plan:
A plan showing the strata units and the common
property of the estate. It is prepared by a
registered surveyor employed by the developer
in a form approved by the Chief Surveyor of the
Singapore Land Authority.
Subsidiary proprietor :
A purchaser to whom the developer has transferred
ownership of a unit, as shown on the strata
certificate of title.
Temporary occupation permit:
A permit issued by the Commissioner of Building
Control under the Building Control Act allowing
temporary occupation or use of a building when
only part of the statutory requirements have been
met.
Valid vote :
A vote cast by a subsidiary proprietor entitled to
vote which is clearly for or against a motion. A
vote that is uncertain, for example, for and against
the motion or unmarked, is not a valid vote.
CONTENTS
Introduction 1
1 Share Value 3
Significance of share value
What does share value represent?
Who determines share value?
How the share value is determined
Share value in a staged development
Can the share value of a strata lot be changed?
2 Duties and Responsibilities of the
Subsidiary Proprietor 6
Contributions by subsidiary proprietors
Maintenance of lots and exterior features
Inter-floor leaks
Compliance with notices
By-laws
Improvements and additions to lots
3 Duties and Responsibilities of the Developer 8
Maintenance fund
Constitution of the management corporation
The initial period
First annual general meeting
4 The Management Corporation 11
Responsibilities of the management corporation
Election of the council of the management corporation
Eligibility for election to the council
Duties of the office bearers of a council
Restrictions to the council
Disclosure of interests
5 Meetings 15
Meetings of the management corporation
Meetings of the council
6 Maintenance Contributions 19
Contributions for maintenance and other expenses
Recovery of maintenance contributions
Variation of contributions
Rebates and incentives for early payment
7 Managing Agents 21
Appointment of the managing agent
Duties and liabilities of the managing agent
Independent accreditation schemes for managing agents
8 By-Laws on the Use & Enjoyment of
Common Property 23
Compulsory by-laws
Making of additional by-laws
Breach of by-laws and remedy
House rules
Exclusive use by-laws
9 Insurance 27
Insurance by the management corporation
Insurance by individual owners
10 Resolutions 28
Resolution by consensus
Comprehensive resolution
Unanimous resolution
90% resolution
Special resolution
Ordinary resolution
Summary of resolutions
11 Resolving Disputes 31
Resolving disputes by talking to the other party
Seeking mediation
Referring disputes to a Strata Titles Board
Referral to the courts
12 Two-tier management corporation scheme 33
What type of property is eligible for two-tier MC schemes
Limited common property
What developments are suitable for a two-tier MC scheme
Formation of a sub-MC
Function and administration of sub-MCs
Contributions by the subsidiary proprietors of a sub-MC
13 Staged Development 36
Staged development contract
14 Getting Information 38
Getting information from the management corporation
Getting information from other sources
Glossary 42
Management corporation :
A management corporation (MC) is a body corporate
with perpetual succession capable of suing
and being sued and comprising as its members all
the subsidiary proprietors of the estate. The MC is
formed when the strata title plan is lodged with
the Chief Surveyor and a strata title application
is made to the Registrar of Titles of the Singapore
Land Authority. The MC has powers, duties and
functions conferred or imposed by law to control,
manage and administer the common property for
the benefit of the subsidiary proprietors.
Regulation :
Subsidiary legislation or regulation prepared under
the primary legislation, for example, the Building
Maintenance and Strata Management Act.
Strata roll :
A register of the owners, mortgagees and share
values of each unit in the development.
Strata title plan:
A plan showing the strata units and the common
property of the estate. It is prepared by a
registered surveyor employed by the developer
in a form approved by the Chief Surveyor of the
Singapore Land Authority.
Subsidiary proprietor :
A purchaser to whom the developer has transferred
ownership of a unit, as shown on the strata
certificate of title.
Temporary occupation permit:
A permit issued by the Commissioner of Building
Control under the Building Control Act allowing
temporary occupation or use of a building when
only part of the statutory requirements have been
met.
Valid vote :
A vote cast by a subsidiary proprietor entitled to
vote which is clearly for or against a motion. A
vote that is uncertain, for example, for and against
the motion or unmarked, is not a valid vote.
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