spending

Contributed By: Hynes Legal

Hynes Legal

The Body Corporate and Community Management Act 1997 (BCCM Act) sets out a number of spending limits. Some of these intersect with others. Some need to go to general meeting and some depend on the number of lots in the scheme. The rules relating to them are scattered across the relevant Regulation Modules. This article sets them out in one place. The major categories of spending include the: committee spending limit (is a committee or general meeting required?) major spending limit (are two quotes needed?) common property improvement limit (what type of resolution is required depending on who is making the improvement?) The committee spending limit The default position for committeeRead More →

fightForYourExtension

Contributed By: Small Myers Hughes

Small Myers Hughes

I have had a number of managers come to me very concerned that their committee will not support an extension of their caretaking and letting agreements. They have the distinct impression that, if the committee does not support the “top-up”, any extension will not happen. Obviously, a top-up which is supported by the committee will invariably be passed at a General Meeting of the Owners Corporation/Body Corporate. A top-up that is not supported by the committee is going to be much more difficult to pass. However, don’t despair! As an owner of a lot, you have a right to place a motion on the agendaRead More →

smokealarm

Contributed By: Nick Buick

Nick Buick

TheOnsiteManager.com.au is delighted to announce that we have partnered with Hotspots Australia to ensure your smoke alarm and other compliance obligations are being met. With the recent changes in smoke alarm legislation in QLD we thought it was important to ensure our clients are up to date and ready to change. To read more about the changes in legislation see here Hotspots have created an exclusive package for onsite managers, combining smoke alarm compliance, general electrical and air conditioning work under one banner. In addition to the ease of dealing with just one trade, Hotspots also does not charge call out fees resulting in savingsRead More →

legislat

Contributed By: Short Punch & Greatorix

Short Punch & Greatorix

(By Martin Punch of Short Punch & Greatorix Lawyers) Many court cases involve the interpretation of legislation, which in some cases leaves room for a variety of interpretations.  This has particularly been the case with management rights, which has resulted in expense which can easily be avoided if more thought was given in the first place to what the legislation should say, to avoid unintended consequences. Three management rights cases illustrate the problem:- The Rocks Case This case revolved around what information had to be in Forms 22a under the old PAMDA Act, in relation to charges made for services organised by a letting agent,Read More →

leaseback

Contributed By: Short Punch & Greatorix

Short Punch & Greatorix

Management Rights usually operate on the basis that the Manager acts strictly as a Letting Agent for the unit owners who wish to let out their units on a permanent or holiday let basis. However, in some cases Managers have been entering into what is commonly known in the industry as “lease back” agreements with some unit owners.  This involves the Manager agreeing to pay the unit owner a guaranteed rent on the basis that the Manager is entitled to keep all income received from renting out the unit. Lease back arrangements may be considered by some Managers and unit owners to be more commerciallyRead More →

community

Contributed By: Hynes Legal

Hynes Legal

Hot on the heels of the lot entitlement review recommendations, we now have the recommendations paper in response to another of the BCCMA option papers. What is in this recommendations paper is not law, although it is what the QUT professors are suggesting should become law.  Responses to the paper can be lodged as detailed here and close on 5 May 2017. The recommendations paper (amongst other things) relates to: Towing of cars; Pets; Smoking; Overcrowding; Fining occupiers for breaching by-laws; Debt recovery costs; Australian addresses for service; and Scheme termination. Can anyone else smell an election coming on? There are 84 pages of recommendationsRead More →

smokealarm

Contributed By: Hynes Legal

Hynes Legal

There are new requirements for smoke alarms in all dwellings (being houses or units) from 1 January this year. The rules are not retrospective but they will apply when a dwelling is relet (whether to a new or existing tenant). You can click here for the QFES summary and here for a more detailed explanation. The OFT also has a section on it. All property managers should make sure their clients are aware of the requirements to comply with the new rules. There is little doubt where liability would sit if there was a fire and the smoke alarms were not compliant.Read More →

options

Contributed By: Short Punch & Greatorix

Short Punch & Greatorix

A valid and current Caretaking Agreement and Letting Agreement (“Agreement”) with a healthy term remaining is one of the most valuable assets in a management rights business. This is recognised by anyone with an interest in the business, including banks and potential purchasers. It is therefore imperative that Service Contractors and Letting Agents (“Building Managers”) understand the process that is involved in both exercising an option and adding an option to the term of their current Agreement. Exercising an Option to Renew The effect of not exercising an option can be disastrous. If a Building Manager does not exercise an option within the required timeRead More →

noosa

Contributed By: Hynes Legal

Hynes Legal

It’s over. The longest running (and most expensive) dispute over a deck in Australia has been decided by the High Court.  There are no appeals from there so we now have the definitive statement on what a body corporate’s decision making obligations are based on. Round one went to the deck owner (Commissioner’s Office) Round two went to the complaining owners (QCAT) Round three went to the deck owner (Qld Supreme Court) We wrote an article after the Supreme Court decision here. The opponents to the deck won. The smartest group of lawyers in the country (being the High Court) has decided that the oppositionRead More →

Meetings

Contributed By: Archers Body Corporate Management

Archers Body Corporate Management

Throughout the year, unit owners are issued with a number of body corporate meeting notices. These notices could include information related to committee meetings, voting outside of committee meetings (known as flying minutes), and the annual general meeting. Current legislation specifies these notices must be issued within certain timeframes, which range from 7 – 21 days (including postage) from the date of the meeting. This timing ensures that unit owners and committee members have enough time to consider the contents of the notice to make informed decisions. The information in the annual general meeting notice is essential to unit owners, as it contains details about body corporate levies forRead More →