For all you management rights operators out there, I believe that there are five (5) basic rules you need to follow, to ensure that you protect your considerable investment in your business. Treat your owners as your partners Never, never, never take your owners for...Read More
This month I am encouraging all building managers who operate a letting business to do a quick health check on how they handle GST on room tariffs and rent charged to guests and tenants. In the ordinary course of a standard letting business, individual owners (who...Read More
The major decisions that are made by a Body Corporate are decided by a vote of the owners at a general meeting. Some decisions require a simple majority, while more contentious matters might require a unanimous resolution of all owners attending the meeting. No matter...Read More
Fortunately, for the vast majority of people reading this, the story I’m about to tell is one you were completely oblivious of. For building managers in NSW in particular, ignorance is bliss and you were actually able to get some sleep for the last few months. In...Read More
The by-laws for a strata scheme are often an essential component of the onsite manager’s business and can add a lot of extra value to the business by granting exclusive rights to the onsite manager. It is very common for the by-laws in a strata scheme to be overly...Read More
