As you will be collecting rent for your investor owners you will need a Resident Letting Agent’s Licence (Queensland) or an On-Site Resident Property Manager’s Licence (NSW) to own and operate Management Rights.



This is a special type of Real Estate licence enabling you to collect rent for properties within a nominated complex.  It was formerly known as a “restricted” Letting Agent’s Licence.

In order to obtain your licence you will need to undertake specific training.  This involves studying several Real Estate training modules, then passing simple tests to confirm your understanding and competency.

The relevant Queensland modules are:

  • CPPDSM-4010A Lease Property
  • CPPDSM-4015A Minimise Agency and Consumer Risk
  • CPPDSM-4007A Identify Legal and Ethical Requirements of Property Management
  • CPPDSM-4006A Establish and Manage Agency Trust Accounts
  • CPPDSM-4016A Monitor and Manage Lease/Tenancy Agreements
  • BSBSMB-406A Manage Small Business Finance

The relevant NSW modules are:

  • CPPDSM3019A Communicate with Clients as Part of an Agency
  • CPPDSM4080A Work in the Real Estate Industry
  • CPPDSM4005A Establish and Build Client/Agency Relationships
  • CPPDSM4006A Establish and Manage Agency Trust Accounts
  • CPPDSM4007A Identify Legal and Ethical Requirements of Property Management to Complete Agency Work
  • CPPDSM4010A Lease Property
  • CPPDSM4015A Minimise Agency and Consumer Risk
  • CPPDSM4016A Monitor and Manage Lease of Tenancy Agreement
  • BSBRKG3048  Maintain Business Records
  • BSBLED401A  Develop Teams and Individuals

There are various ways to study for your licence and special courses are provided by approved Training Providers.

The Queensland Legislation relating to the licence is the Property Agents and Motor Dealers Act (PAMDA).  The office responsible for the Act in Queensland is The Office of Fair Trading.  When you have successfully completed the training, you can make your application for a Resident Letting Agent’s Licence which takes approximately eight weeks to process and involves various checks by the Government including criminal history.

Note: You need a Letting Agreement from the Body Corporate to finalise the application process for your Resident Letting Agent’s Licence.

Training Providers

You can attend classroom courses which run from 1 to 2 weeks, depending on the course content and training provider.  Alternatively, you may choose to complete the training remotely or on-line.  We recommend that you visit the following web sites to determine which Training Provider can offer the solution that suits you.

Queensland

Complete Property Training College 1300 281 289
www.completepropertytraining.com.au

REIQ Brisbane 07 3249 6275
www.reiq.com.au

REIQ Gold Coast 07 5527 1614
www.reiq.com.au

New South Wales

Australian College of Professionals 02 9659 4699
www.collegeaus.com

REINSW 02 9264 2343
www.reinsw.com.au

TAFE NSW 131 601
www.tafensw.edu.au

 

THE MBA PARTNERSHIP ACCOUNTANTS

Management Rights Accountant

PAUL GAFFNEY | MANAGEMENT RIGHTS

The MBA Partnership is one of the most experienced firms of management rights accountants in Australia. Many of their clients are new to the management rights industry, and with over 30 years experience in management rights they have the expertise to help you set up correctly from the beginning. From due diligence, accounting, taxation and auditing Paul and his team can guide you through the entire process.

Phone: +61 7 5557 8700

LEVEL 3 "PIVOTAL POINT"' 50 MARINE PARADE SOUTHPORT QLD  4215

pgaffney@mbapartnership.com.au | managementrightsaustralia.net 


 

Management Rights & Motel Finance P/L

Mark Ryall

 Mark Ryall | MANAGEMENT RIGHTS

Management Rights and Motel Finance Pty Ltd is an industry leader in providing specialist finance needs to companies and individuals embarking on the purchase of a Management Rights business. Mark and his team is dedicated to helping you with all your management rights and motel finance needs! We work around the clock to make sure you receive the best deals.

Suite 4, Level 2 / 247 Bayview St Hollywell QLD 4216

Phone: 07 55641100 | 0419 640 215
Fax:     07 30140108

mark@mrmfinance.com.au | www.mrmfinance.com.au

Australian Credit Licence No: 378366


 

Management Rights Articles

  • BUILDING MANAGERS & COMMITTEES

    Legally, Owners Corporations or Bodies Corporate are viewed as corporations. They derive their power from the relevant State strata legislation and by-laws. Like any corporate, they need to be able to delegate part of their decision-making authority – hence we have Committees.

SMALL MYERS HUGHES LAWYERS

COL MYERS | MANAGEMENT RIGHTS

SMH Lawyers handles all aspects of a Management Rights transaction from establishing, purchasing and selling Management Rights to advising bodies corporate on strata related issues and disputes. Col Myers and his team of experts is constantly exposed to all aspects of the management rights industry which means they can proactively advise when and how to best handle management rights to work effectively for individual scenarios.

Phone: +61 7 5552 6604 | Mobile: +61 417 620 516

Level 2, 17 Welch St Southport Qld, 4215

info@smh.net.au | www.smh.net.au  


 

Management Rights Brokers

 

 

 

 

 

Narelle Filmer | Linda & Wayne Stoll

Think Management Rights’ is a division of the nationally recognised First National Real Estate franchise. This team of specialist brokers operate throughout the state of Queensland. With over 15 years as owners, managers and sales agents in Management Rights industry, this team has a great deal of knowledge and experience to bring to the MRA seminars.

Wayne and Linda Stoll | Listings: Sunshine Coast / Gold Coast Region
Phone: 0452 181 505
wayne@thinkmanagementrights.com.au | linda@thinkmanagementrights.com.au 

Narelle Filmer | Listings: Gold Coast / Brisbane Region
Phone: 0459 229 744
Email: narelle@thinkmanagementrihgts.com.au  

www.thinkmanagementrights.com.au 


 

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