Myth Buster

Scenario

Does a resident has right to view the payments and expenses relating to the Condominium anytime as their like?

Mythbusted.

Paragraph 7(6)(b) Second Schedule of the Act states that a purchaser/ proprietor may make a request to the Management Committee to inspect the books of accounts at a fee of not exceeding RM50.00 for each inspection. Other than that, the proprietor also has a right to view the audited report during the AGM.


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