Is the DMC for property still relevant?

What is the DMC? The DMC is a deed that provides the rules, commonly called house rules, that regulate the use and enjoyment of common property in a strata development (for example, a condominium). In short, all owners and residents of a strata development share the use of common property as governed by those rules.

BEFORE the Strata Management Act, 2013 (SMA) came into force in June 2015, purchasers of strata properties commonly signed what is called a deed of mutual covenants (DMC).

What is the DMC?