Ramifications of leasing out freehold land under Private Lease Scheme
The land laws of Peninsular Malaysia are governed by the National Land Code, 1965 (Act 56 of 1965) (NLC) and has been in force since Jan 1, 1966.
The land laws of Peninsular Malaysia are governed by the National Land Code, 1965 (Act 56 of 1965) (NLC) and has been in force since Jan 1, 1966.
PETALING JAYA (Oct 23): While National House Buyers Association (HBA) believes that the Temporary Measures for Reducing the Impact of Covid-19 Act 2020 has gone through “inordinate delays” and become less relevant now, it can still be improved.
The National House Buyers Association (HBA) refers to recent media reports where Housing and Local Government Minister Zuraida Kamaruddin has proposed to introduce a Residential Tenancy Act (RTA) which is to be tabled in Parliament next year.
PETALING JAYA (Aug 13): The National House Buyers Association (HBA) reminded landlords to be wary of the activities that will be carried out in their premises before renting out their units, reported The Star.
KUALA LUMPUR (June 30): The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) supports the government’s National Economic Recovery Plan (Penjana) initiatives to boost the economy and agrees with the National House Buyers Association's (HBA) call to extend the benefits and waiver to the secondary market as the economy has been severely affected by the Covid-19 pandemic as well as the subsequent movement control order (c) and conditional MCO (CMCO).
The Strata Management Act 2013 (SMA) came into force in June 2015.
A leave to appeal to the Federal Court was rejected recently and the Court of Appeal’s decision that a Joint Management Body (JMB) is not allowed to have different rates of charges despite a development having different components and common facilities, remains intact.
PETALING JAYA (May 21): In light of the Federal Court's decision today to dismiss an application to appeal a Court of Appeal (COA) ruling on flat rate maintenance charge for mixed strata developments, the Malaysia Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin has advised Joint Management Bodies (JMBs) of such developments that are charging different maintenance rates for different parcels, to comply with the ruling.
While Parliament in the Republic of Singapore has promptly passed an Act titled: Covid-19 (Temporary Measures) Act, 2020 (ACT) and was immediately assented to by the President and gazetted on April 9, 2020 and operational April 7, 2020, Malaysia is deferring the tabling of the bill to the 2nd Parliamentary sitting between July 27, 2020 to Sept 10, 2020.
The Covid-19 pandemic has derailed the entire world.