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Latest Industry News!
Time to wean Queensland Government off property tax
Astonishing new data from the ABS has laid bare the Queensland Government’s bumper bounty from property tax revenue over FY23, all while the State
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Mortgage holders will bear the burden from Federal budget, says REIQ
The REIQ is concerned short-term incentives in the Federal Budget will keep interest rates up for longer, passing the burden to mortgage holders and
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Let’s Get Negative
I was amused and horrified in equal measure recently. No, I hadn’t stumbled across a friend watching Married at First Sight, albeit my rare glimpse
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Strata Community Education Seminar May 2024 – Townsville
Twice a year Smart Strata proudly delivers a seminar series to Queensland connecting the strata community to strata professionals. Our next seminar s
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Strata Community Education Seminar May 2024 – Cairns
Twice a year Smart Strata proudly delivers a seminar series to Queensland connecting the strata community to strata professionals. Our next seminar s
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Strata Community Education Seminar May 2024 – Brisbane
Twice a year Smart Strata proudly delivers a seminar series to Queensland connecting the strata community to strata professionals. Our nex
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Featured Management Rights
What Are Management Rights?
‘Management Rights’ or 'Management Letting Rights' (MRs and MLRs, respectively), are businesses concerned with the maintenance and management of community titled complexes. Management Rights consist of three components: The caretaking agreement to maintain the complex for the body corporate; The letting business allowing the manager to manage rentals within the complex; and The Lot which is the unit, car space, storage areas and office that are owned by the manager in which to reside and run their business. Essentially, a management rights is a business, and a house, combined.