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
Every caretaking agreement I can think of requires the building manager to supervise something. For example, the building manager must supervise the plumber when they are fixing a tap on common property. The amount of time and effort required to supervise a task, and...Read More
CLARIFYING YOUR LETTING APPOINTMENT FEES AND CHARGES A common issue I encounter when reviewing Letting Appointments (the agreements entered between the letting agent and the lot owner) is that the fees and charges shown in the Letting Appointment are vague and...Read More
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
