The Master Developer is responsible for the management and maintenance of Common Facilities, such as parks and streets, within a Master Project. The law requires the developer to outsource these duties to a Management Company via a written agreement…
The Master Developer is responsible for the management and maintenance of Common Facilities, such as parks and streets, within a Master Project. The law requires the developer to outsource these duties to a Management Company via a written agreement that must be pre-approved by RERA. This ensures that large-scale community amenities are handled by professionals. The costs for this management are covered by Usage Charges, which are separate from the service charges used for individual building maintenance,.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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