Owners' Association not returning deposit



New Member
I am a previous owner of a commercial property in Bangi Suntrack Hub.. The Managers of the Owners' Association insist that I get the new owners to pay
them the deposit before they release the RM6,000 deposit to me. What irks me most is that the managers are a Real Estate Company and have ignored
my request to show written proof that it is my responsibility to do so. As managers, they should collect from the new owners, correct ?


Active Member
Do you not have any terms and conditions from when you were the owner of the property? Did you not request a deposit from the new owners?


New Member
The Deed of Mutual Covenant was signed almost 6 years ago and I have misplaced it. Not that I have googled it, it mainly applies to properties with strata titles. The property is actually a landed property. In my opinion, the only reason why the DMC was drawn up was for the gated security of the Industrial Area for which I am charged 6,000 per annum.

No I did not request the 6,000 deposit from the new owners as I thought it is between them and the Association.


Surely it is simply a case of asking the new owners to stump up the deposit? Or am I missing something?

If they have cash flow issues you could always offer a staged payments plan so at least you get the money in the end - give a bit in terms of payment schedule to get it in the long term?