Building Management Committee Guide
At Iconic Property Care, we understand that a Building Management Committee (BMC) is a popular method for organizing a building where multiple individual entities occupy a shared parcel of land.
For instance, a building may comprise a residential strata scheme on its upper eight levels, while the lower two levels house a separate retail strata scheme. Although each entity has its distinct Owners Corporation, all entities contribute to the maintenance of shared facilities such as lifts, common foyers, and parking areas. A BMC is a form of Stratum Subdivision, delineating both horizontal boundaries and height limits in the plans. The lots, known as ‘Stratum Lots,’ can be independent of a Strata Scheme, although they are often associated with one. These lots are segregated to define various use areas, with each area potentially owned by a different entity, creating a comprehensive and diverse property management structure.