Wednesday, April 29, 2009

Developers given three months to hand over strata titles

The Star Newspaper (Thursday April 30, 2009)

By FAZLEENA AZIZ

DEVELOPERS in Kuala Lumpur have been given three months to hand over strata titles to the respective owners or they stand to face legal action.

According to Kuala Lumpur mayor Datuk Ahmad Fuad Ismail, the drastic move is one of the many measures to resolve the strata titles problem.

He said the decision was made after the Kuala Lumpur City Hall (DBKL) discussed the matter with the Housing and Local Government Ministry and the Land and Mines Office.

The penalty for failure to adhere to the ruling is a maximum fine of RM20,000 or a three-month jail term.

http://thestar.com.my/metro/story.asp?file=/2009/4/30/central/3799584&sec=central

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