The Secretary for Administration and Justice Sonia Chan Hoi Fan said over the weekend that the amendment of the law for the administration of common parts of condominiums is to resolve the issue of delayed management payments, stressing that owners will take on the responsibility if payments are not made on time.
Speaking on the sidelines of an event on Saturday, the Secretary said that owners have to pay the management fees, even if the units are for sale.
Currently the law for the administration of common parts of condominiums is undergoing deliberation by the second standing committee of the legislative committee.
The aim of the law amendment is to allow buyers to check, via the system, whether the owners of a property have paid the management fees.
In addition, lawyers or notaries are to provide related information to buyers so as to allow both buyers and sellers to have a chance to consider this matter during a transaction process.
