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Search results for “What Makes A Contract Happen”

You are browsing the search results for “What Makes A Contract Happen”

In: ARAMA, Events, General Interest

Contributed By: ARAMA on

ARAMA’S Top Awards are a showcase of everything that we love about Management and Letting Rights. This year’s awards will take place at a gala function on July 25 at Brisbane’s Royal International Convention Centre and will highlight the outstanding work that resident managers are doing on behalf of owners, bodies corporate and residents. All the finalists exhibit the marvellous traits that go into building a successful MLR business – they all know that first and foremost they are working in a service industry, and they are providing benefits to their clients that go above and beyond what is expected of them. This month I’dRead More →

In: Accounting and Finance, The Management Rights Market

Contributed By: Mike Phipps Finance on

What exactly am I buying? Purchasing a management rights off the plan simply means that you are agreeing to purchase a management rights business and usually a managers unit at a future time once the project is  complete and individual unit sales have settled. Off plans can be holiday resorts, permanent rental townhouse or unit complexes or short stay corporate properties like hotels and serviced apartments. How do I know what I am buying? The sale of off plan management rights is a highly regimented process and contract conditions are designed to ensure that the buyer is protected. Most importantly the sale will most likely be subject toRead More →

In: Accounting and Finance, General Interest, Legal

Contributed By: Hynes Legal on

We don’t like being negative nellies, but sometimes we do need to talk about the things that go wrong in these newsletters. Alan Greenspan (the then Federal Reserve Chairman in the USA) coined the famous phrase ‘irrational exuberance’ in relation to the dot-com bubble of the late 1990’s, but it could apply to any boom since (and before – even back to the tulip boom of the 1600’s.) If you were to Australianise that phrase it would be along the lines of something being ‘too silly for words’. It is not for a lawyer to talk about risk when it comes to valuations / asset pricing asRead More →

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