5 things to check with the central authority.

Public utilities or common areas in housing development projects are very important because they are linked to many other things. In some cases, problems with common areas can affect "ownership transfer," or in other cases, problems with common areas affect "well-being." And often, when these problems arise, they are difficult to resolve. Therefore, before buying a house or condo, you should carefully check these aspects.

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1. Roads or Project Access

The law stipulates that roads or access to a housing development project must be adjacent to a public road and are considered public utilities of the project. Once a homeowners' association is established, the project owner must transfer ownership of these roads to the association. (In the case of condominiums, the roads within the project are considered common areas, jointly owned by all unit buyers.)

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2. Ownership or Encumbrances

Roads or access, including other public utilities or services, must be constructed on land registered in the name of the applicant for the housing development permit. In other words, the roads or access must be the sole property of the project. This documentation must be carefully checked because there have been cases where project roads were jointly owned and therefore could not be transferred to the homeowners' association, or sometimes the project roads were subject to an easement, giving other individuals the right to use them.

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3. Public Utilities/Services

In addition to roads/sidewalks... There are also other amenities such as gardens, playgrounds, or public services such as clubhouses, swimming pools, fitness centers, etc. Buyers must clearly verify what constitutes amenities, which will be transferred as common property for everyone, and what constitutes public services, which may be the property of the project owner.

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4. Construction

The amenities in the project must be constructed according to the approved land allocation permit. However, if you purchase a project where the amenities have not yet been built, it can be difficult to verify whether they have been completed as permitted. There have been cases where projects have incomplete amenities, and buyers refuse to accept ownership transfer.

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5. Expenses

The rate of maintenance fees for amenities or common area expenses depends on the amenities or public services available in the project. Projects with extensive common areas will naturally have higher expenses. The fees collected must comply with the permits obtained from the committee, but they can be changed according to the resolution of the juristic person's meeting.

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Thank you for the helpful information from HOME.