The Not-so-Mutual Deed of Mutual Covenant

Summary


WHENEVER one buys a piece of property where there are common facilities,

such as security, social amenities and other areas that require the

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Extract


The Not-so-Mutual Deed of Mutual Covenant

involvement of all unit owners, one will be required to enter into a Deed

of Mutual Covenant (DMC). This is done simultaneously upon the signing of

the Sales and Purchase Agreement (SPA).

In layman's language, the DMC is an ...

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