Procedure for Managers and their Appointments
Ensure that you check in the contract how much the monthly maintenance fee and sinking fund is. This should be in all the contracts for new condominium units although some units in the secondary market may omit this in their documents. The Condominium Act stipulates that the maintenance fees must be in accordance to the ratio of space that you own. Do ask the seller to provide you with this or you may obtain it directly from the condominium’s management company.
Standard due diligence will normally check for, among others, that the title is good, that the owner is who they claim to be and that there are no registered encumbrances on the property. Also, knowing your rights afforded by the Condominium Act would put you in a better position if faced with unfair or unscrupulous treatment by your condominium management company. What happens after the purchase of a condominium can be just as disconcerting and taxing if certain precautions are not taken. Much time, money and effort can be saved if these steps are taken into account when selecting your ideal condominium property here in Thailand.
Living in such a close knit arrangement would, not surprisingly, lead to some conflicts in some way or form. Common complaints may include, noisy pets, parking spaces being used by neighbours in an inconsiderate manner, loud music at unreasonable hours or the committee members acting in an autocratic or biased manner. Indeed if you have a complaint, it is best to deal with it rather than live with it especially if you have to live with it everyday. The Condominium Act requires that a general meeting be held at least once each year although in practice, this can be as often as required.
There are normally other things which a buyer should also consider so as to reflect their expectations and match their lifestyle. It is certainly not the most exciting reading material and is often long and convoluted. Sometimes, there are no English translations or the translations are in such a state that is difficult to make clear what is meant. Some rules may be so restrictive that you would not have bought the unit had you read the Rules and Regulations beforehand.
You may wish to take the floor and air your grievances here or if having a right of audience is not your preferred mode of communication, be sure there are other formal methods set up to air your grievances within the juristic person. This may be in the form of knowing who to contact or whether there is a complaints box available somewhere. It is a big investment fraught with its own cultural peculiarities and proper care should always go into making such a decision. These are just some introductory points among many others when purchasing a condominium. The underlying theme here is to do some good in-depth research into the property. If these initial methods do not work, you may wish to pursue other avenues such as, negotiation, mediation, arbitration or, in the most unlikely scenario, litigation. There are many others depending on individual circumstances with each purchase unique in its post-treatment stage of the acquisition.
7 February – Malaysian worst Canada serial rapist, Selva Kumar Subbiah has returned to Kuala Lumpur International Airport, Sepang after being deported by Canada authorities because end of terms 24 years in prison since year 1992. Selva found guilty of 19 counts of sexual assault, 28 counts of administering a drug or noxious substance, 10 counts of various kinds of assault and a dozen other charges, including extortion. The investigation papers on the catamaran have been complete and concluded the boat has overloaded beyond specified capacity combined with poor weather conditions.
