One essential but sometimes overlooked component of a Management Rights business is having a place to store your caretaking equipment. Most strata schemes will have an area designated for storage on the common property that the manager is generally allowed to use....Read More
Need extra term under your Building Management Agreement in NSW – but your Owners Corporation AGM is still a long way off? All is not lost; you just need to convene an EGM to get your motion passed. Different Ways to Convene an EGM You may request the Owners...Read More
Your letting appointment with owners must clearly set out in detail all fees and charges you propose to make to your owner. This document forms the core basis of your relationship with owners in your letting pool. We often see managers who want to keep their...Read More
When describing a caretaking or letting agreement, it is quite common for people to describe them by referring to the total time remaining before the agreement expires. Typically this description also includes any option terms available in the agreement, e.g....Read More
As the Management Rights industry has evolved over the years, it has become increasingly common for managers not to own a lot in the scheme they manage. This has had a flow on effect which means that managers regularly do not hold a right to put a motion on the agenda...Read More
