Building Maintenance and Strata Management Act Singapore: A Guide for Owners and Residents

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BuildingMaintenance andStrata ManagementAct Singapore:AGuide forOwnersand Residents

Your guide to the BMSMA and your rights and responsibilities as an owner orresident

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Introduction

The Building Maintenance and Strata Management Act (BMSMA) is the law that governs the maintenance and management of strata properties in Singapore.

What is the BMSMA?

The BMSMA is a comprehensive law that covers all aspects of strata management, from maintenance and repairs to budgeting and finance.

The BMSMA also sets out the rights and responsibilities of owners and residents, as well as the roles and responsibilities of the management corporation (MC) and the managing agent.

Key provisions of the BMSMA

The BMSMA sets out a number of key provisions, including:

The formation of a management corporation (MC)

The appointment of a managing agent

The maintenance and repair of common property

The collection of maintenance fees

The conduct of annual general meetings (AGMs)

The resolution of disputes

Your rights and responsibilities as an owner or resident

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As an owner or resident, you have a number of rights and responsibilities under the BMSMA.

Your rights include

The right to vote at AGMs

The right to inspect the MC's books and records

The right to challenge decisions made by the MC

Your responsibilities include:

Paying your maintenance fees

Complying with the MC's rules and regulations

Keeping your property in good condition

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How to manage your strata property effectively?

There are a number of things you can do to manage your strata property effectively. These include:

Getting involved in the MC Choosing a reputable managing agent Ensuring that your maintenance fees are paid on time Keeping your property in good condition

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CONCLUSION

The BMSMA is a complex law, but it is important for owners and residents to understand their rights and responsibilities.

By understanding the BMSMA, you can help to ensure that your strata property is managed effectively and that your interests are protected

CONTACT US Premier Property Consultancy Pte Ltd 538 Geylang Road, #02-09, The Arizon, Singapore 389493 +65 6741 2885 mail@premierproperty.com.sg www.premierproperty.com.sg

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