Joint Management Body Malaysia

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Joint management body malaysia. Under the strata management act a statutory body joint management body jmb or management corporation mc has to be formed to manage and maintain the subdivided building and common property in the strata development such as condominium apartment office or shopping mall. Jmb community malaysia is a project by a group of jmb and building managers who wish to help new and inexperienced jmb members on solving common problems. The scarcity of land for development has resulted in the rapid development of strata title properties in malaysia. A body known as a joint management body jmb is established under section 17 of the strata management act 2013 sma upon convening of the first annual general meeting of the jmb by the developer.

What is a joint management body. Jmb community malaysia is a project by a group of jmb and building managers who wish to help new and inexperienced jmb members on solving common problems. Chcc joint management body is located in seri kembangan malaysia. With some developments consisting of hundreds of units the jmb works with the developer to maintain the property before a proper handover can be carried out.

Joint management body jmb during the applicable period the common property of any building or land intended for subdivision shall be in the hands of a jmb. Not everyone s familiar and understands property management accounting is different from business. It can sometimes take the developer a long time to pursue the issuance of the strata title. Lc management services we provide outsourced accounting services and financial solutions for apartment and condominium joint management body jmb management corporations mc and property management companies in kuala lumpur kl selangor with reasonable charges.

We also partners with industry suppliers and business to provide better environment for jmb in managing building s issues and help building managers handle their daily routines. What is joint management body jmb or management corporation mc the jmb or mc is statutory bodies under act 663 that are formed to take over management and maintenance the sub divided building and common property in the strata development such as condominium or apartment and now include gated guarded strata landed property. Representing a management corporation previously joint management body in a claim against amongst others the developer and a subsequent purchaser to recover car park bays centre spaces and hawker stalls as common property together with damages interest and costs. Contact us today at 012 6488759 for more information.