The overwhelming majority of caretaking agreements include an annual review of the remuneration amount paid to the caretaker. An annual review usually results in the remuneration increasing by the percentage amount that the Consumer Price Index (CPI) has increased...Read More
In most caretaking agreements there will be tasks that need to be performed that will require skills, expertise or equipment that an average caretaker may not have. These tasks will generally need to be performed by another service provider arranged by the caretaker....Read More
If you have bought or refinanced a Management Rights business in Queensland since 2015, there is a reasonable chance that you have heard that there are things called “Gallery Vie issues” that can be found in caretaking and letting agreements. Gallery Vie issues do not...Read More
Unlike contracts for many other industries, navigating your way through the process of purchasing a Management Rights business can be far more flexible than many people may realise. Each step along the process, from entering the contract through to collecting the keys...Read More
Onsite building managers are often accused of being able to proxy farm and unfairly effect the outcomes of strata meetings. These accusations tend to overlook two key facts. Fact 1 – All owners can proxy farm. Fact 2 – Even if the farming is successful,...Read More
