Why use Management Rights Experts?

The purchase of Management Rights can be a complex process that requires a significant investment of time and money. It is therefore vital that you engage the relevant industry experts to guide you through the various stages and to ensure a smooth purchase process.

Please check our Seminar Calendar for dates and venues

May
02

THE BROADENING SCOPE OF ANTI-BULLYING LAWS

As you may be aware the Fair Work Commission (FWC) has in the recent past decided that the bullying of a building manager employee by members of an Owners Corporation can amount to bullying under the Fair Work Act 2009 (FW Act).

If actions are found to be bullying under the FW Act this could lead to the Owners Corporation or even individual owners being liable to orders from the FWC and if such orders are breached it opens the door to civil and criminal penalties for the “bullies”.

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Mar
25

UPDATE ON AIRBNB LEGISLATION

Like strata legislation, real estate licensing and just about everything else that impacts on our daily lives, the various State Governments in Australia simply cannot agree on a uniform approach about how to deal with the Airbnb phenomenon.

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Jan
24

THE ADMINISTRATIVE FUND -V- CAPITAL WORKS FUND

All strata schemes in NSW must establish an administrative fund and a capital works fund (was called a “sinking” fund) to administer the finances of the strata scheme.

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Dec
13

BOOKINGS CANCELLED AS FIRES RAGE

A crisis such as flooding or the recent Queensland bushfires may lead some guests to postpone or cancel their visit. Your rights and obligations in these circumstances will depend on the situation and the lack of a clear cancellation policy and can lead to disputes with guests and unit owners.

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Oct
22

DROP DEAD DATES

It is critical that you exercise any option in your Caretaking and Letting Agreements strictly in accordance with the terms of the Agreements.

In recent years I have seen a husband and wife, in the later stages of their working life, walk away from what was a good business with next to nothing as a consequence of missing the first option exercise date by 2 days. It was distressing!

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Sep
21

IS COMPANY TITLE MAKING A COMEBACK?

Strata laws were first introduced into New South Wales in 1961.

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Aug
21

Duties And Obligations Of Committee Members

Committee members are all volunteers and the vast majority are unpaid.

The strata legislation (and by laws) in each state provides the framework for governance of strata title buildings. Bodies Corporate (or, as they are called in New South Wales, “Owners Corporations”) delegate much of their day-to-day decision-making authority to committees.

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Apr
24

THE DEEP END OF POOLED LETTING POOLS

We regularly review a variety of letting appointments (the agreement between the building manager acting as letting agent and the owners of the investment units used in a letting pool) and we often find that there is a noticeable gap between what the appointments state versus how they are interpreted.

For the most part the gap can be attributed to overly simplified clauses that do not adequately state the practices that the majority of the industry operates under. In general, these inadequacies are rarely the subject of a legal dispute (when business is good) and so fixing them is often left on the “do it tomorrow” pile.

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