Forget what you think you know about Managed Investment Schemes in a Management Rights business. Or, more accurately, try to remember what your lawyer told you about Management Investment Schemes when you bought your Management Rights business and forget what everyone...Read More
This isn’t the first time I’ve written an article about knowing the difference between exercising an option in a building manager agreement and topping up a building manager agreement – and history teaches that it won’t be the last. What motivates me to raise this...Read More
No one wants to make a bad deal, and definitely no one wants to be forced into a bad deal. That’s just not fair. In recent years there has been an increasing push to tackle this issue with new laws specifically targeting and punishing people who force or manipulate...Read More
Fundamentals • An owners corporation in NSW cannot stop an occupier from having a pet in their unit, as long as it does not disturb other residents; • However, tenants need permission from their landlord to own a pet. A landlord can refuse to allow a tenant to have a...Read More
REAL ESTATE LICENSING AND BUILDING MANAGERS IN NSW As you would be aware, there is no licence required to carry out Caretaking duties, but you do need a real estate agent licence to sell, lease or manage real estate on behalf of owners. Since late 2021, there are now...Read More