Effective management of utility condominiums

Abstract

Effective Management of Utility Condominiums Condominiums have become new phenomenon in Sri Lanka. Because of the recent devastation and destruction caused by Tsunami in 2004, the need for housing has become critical and urgent. Further the government program of condominiums to relocate of 55,000 squatters under these circumstances has been the best and the most practical solution Condominium apartments. The condominium property Act No. 12 of 1970 was the first legislation enacted for condominium properties in Sri lanka. The law regarding maintenance, management and administration of common amenities is contained in the Common Amenities Board Law (Act No. 10 of 1973). The Law, relating to condominiums is contained in the apartment of ownership Law No. 11 of 1973 as amended by Act No. 45 of 1982, Act No.4 of 1999, Act No. 27 of 2002 and Act No.39 of 2003. The recent law regarding condominium contained in Act No 39 of 2003 has given greater powers to the management corporation and its authorities as a legal body. Through this study, it was aimed to identify the nature of the current management process of management corporations and the process established by the condominium management authority (CMA). A questionnaire survey was used with Stake holders, community members and MC’s officials to assess the implementation of current condominium management process and CAB role of condominium management process and find out the most significant factors for non implementation of the current management system of utility condominiums and develop guideline to address them. However it was identified that there are many deficiencies in management process of utility condominiums of low income group families. This was due to several reasons related to their level of education, financial capabilities, capacity, priorities of the people, and interaction between CMA and Local Authorities. Thus the main objective of this research study was to develop an efficient management policy for utility condominiums. The study revealed that identified all 9 deficiencies were significant in utility condominium management process.