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Body corporate expenses – is that a hill to die on?

Body corporate expenses – is that a hill to die on?

Three takeaways: Arguing over spending limitations may not be worth the grief it brings Communication with the Body Corporate is key A rela

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Hmmm…. Perfect!

Hmmm…. Perfect!

I remarked to the managing director recently that the pursuit of perfection could drive a man insane. Yeah, I know, it’s a short drive. Her retort

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ResortBrokers Invests In Larger Mantle Piece

ResortBrokers Invests In Larger Mantle Piece

It’s been a HECK of a year for Resort Brokers in 2023. The firm is going from strength to strength with a swag of accolades bestowed upon them

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Upcoming Events

ARAMA’s Relationship Revival Masterclass – Brisbane (ARRM)

ARAMA’s Relationship Revival Masterclass – Brisbane (ARRM)

There is much more to Management Rights than knowing the legislation. So much of strata is based on your relationships with others at your body corpor

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Women In Management Rights Gold Coast Luncheon March 13th 2024

Women In Management Rights Gold Coast Luncheon March 13th 2024

The post Women In Management Rights Gold Coast Luncheon March 13th 2024 appeared first on TheOnsiteManager.

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The QLD Government has implemented the most significant changes to QLD Body Corporate Law in over a decade

The QLD Government has implemented the most significant changes to QLD Body Corporate Law in over a decade

ARAMA‘s advocacy team including ARAMA CEO Trevor Rawnsley and ARAMA Director Frank Higginson will be discussing the changes to the the vario

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Most of the events promoted on this page are put on by ARAMA. Support the association that supports your industry and make sure you are an ARAMA member. ARAMA Members receive a 10% lifetime discount to TheOnsiteManager.
ARAMA

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.