Deed of Mutual Convenants

carine

我最近收到发展商的信提到Deed of Mutual Convenants,请问这是甚么来的？

斷羽鳥

我最近收到发展商的信提到Deed of Mutual Convenants,请问这是甚么来的？
carine 发表于 13-11-2011 08:38 PM

tiara 的老板没有签其中一份文件 。。。 呵呵呵！ 我送回去咯 。。。

carine

是甚么来的？ 你送甚么回去？

ykphang

Deed of Mutual Covenant (“DMC”) is a document containing terms that are binding on all flat owners of a multi-unit or multi-storey building. Once a DMC is signed by the owner of a flat and the developer, it binds all the subsequent owners. It basically sets out rules for the management and regulation of the building. A detailed DMC can run to over a hundred pages. Terms in a DMC may include, for example:

    * residential flats cannot be used for commercial activities;
    * definition of the common areas of the building;
    * restrictions on the flat owners (e.g. no keeping of cats and dogs);
    * how to appoint a building manager (or building management company);
    * how to set up an Owners' Corporation;
    * how to make resolutions on matters concerning maintenance or renovation;
    * who should specify the management fees, and how.