Course Fee: $40.00


Note
:
You will be directed to our learning management system (ComeAndSee) which is managed by SEAA. Upon successful completion, an e-certificate of completion will be awarded and SEAA will be updating your records on the CEA’s CPD Portal within 1-2 weeks. CPD credits awarded will be based on the completion date of the e-learning module.

Should require any assistance or clarifications, please do not hesitate to email to cpd@seaa.org.sg or contact us @ 6702 1602 during our operating hours.


[P107S0697] Understanding Strata Development 

CPD Category: Professional (2 CPD credits awarded)

Course Duration: approx 3.0 hours

Funding available: No funding

Course Description

Strata development makes up a huge number of all the developments found in Singapore. In fact, strata developments are also found in many other cities such as Kuala Lumpur, Malaysia and Auckland in New Zealand which are increasingly dense.

In layman’s terms, strata title owners share the ownership of common properties such as land, facilities and equipment, unlike a land title owner, who owns the land independently.

This concept of shared ownership would inevitably lead to disputes and differences between the owners. This makes investing and living in strata development sometimes complex. In Singapore, strata developments are regulated by the Building Maintenance and Strata Management Act, detailing the various rights and obligations of the various stakeholders in a strata development.

This course seeks to explore the various complexities and considerations that one should have before buying or living in strata developments and to have a deeper understanding of the legislative framework of strata development in Singapore.

Course Synopsis 

This e-learning course will cover: –

  • The concept of joint ownership of common property
  • The roles and responsibilities of the parties in a strata development
  • General meetings and voting rights
  • The concept of share value
  • The contribution of management funds and sinking funds
  • Case studies of common disputes in strata developments
  • Assessment

Learning Outcomes

At the end of the lesson, learners will be able to: –

  • Understand the BMSMA legislative framework in detail
  • Identify the types of resolutions required for common decisions in meetings
  • Learn the legal responsibilities of parties within a strata estate
  • Understand how maintenance contributions affect estate management
  • Recommend solutions to common disputes within a strata development

Terms and Conditions

  • Upon successful registration, learners will be given 1 month upon account activation to complete their e-learning module.
  • Learners are able to pause and resume where they last left off on their e-learning progress.