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Legal + Accounting - Industry News

02 September 2007

by Clayton Glenister, AssociateMcDonald Balanda & AssociatesGeneral CommentsAn experienced buyer of Management Rights when looking to buy off the ...

2012 Body Corporate Quickbites

23 January 2012

Some quick bites to start the yearAs we begin the slow lumber into 2012, with it no doubt building to a full sprint come mid to late February to conti...

A Fool for a Client

19 July 2012

   …Observe the eminent lawyer, “I hesitate not to pronounce, that every man who is his own lawyer, has a fool for a client.”   Henry Kett 181...

A Great Win For Management Rights

05 January 2008

By Small Myers Hughes LawyersHave we finally seen the end of the “delegation” argument in New South Wales?For those long term readers of Resort News...

A request you cant reasonably refuse

04 February 2013

Just when can a Body Corporate refuse to consent to the transfer of management rights? Some Bodies Corporate give their consent without even receiving...

A seller fails to sign notice - proves fatal.

23 February 2011

The failure to sign a Disclosure Statement before giving it to a buyer proved fatal in a recent Queensland decision of Pazcuff Pty Ltd v Farmilo...

An important warning for Owners Corporations in NSW

11 March 2007

By Small Myers Hughes LawyersIn the recent case of Seiwa Pty Ltd v Owners Strata Plan 35042 1157, the NSW Supreme Court gave a judgment which could be...

Anatomy of an Assignment of Management Rights

09 July 2006

The decision of a body corporate in relation to a request for consent to the transfer of management rights (“assignmentâ€?) is a very serious m...

Angry Owners, Shots Fired, Back To The Old Rules

15 March 2010

In February 2009 an angry lot owner fired a bullet at a Gold Coast penthouse amid a bitter body corporate fee feud that is dividing bodies corporate a...

Another resident managers option is saved

29 January 2009

It is extremely unusual to see instances of disputes between managers in the same complex, primarily because there are very rarely buildings with diff...

Appeal reinstates five year option for RUM

03 November 2008

Hynes Lawyers recently represented a resident manager who successfully appealed against an adjudicator’s decision.The case arose out of a general mee...

Are recovery costs a body corporate debt?

05 May 2014

This has been a question vexing the strata management industry for some time. Most owners pay their levies on time.  Some don’t...

Are unit owners cries about insurance being heard?

20 March 2013

Finally the cries for help from North Queenslanders are being heard in Canberra and Julia Gillard in her recent pork-barelling trip to Ipswich announc...

Asbestos in the workplace, landlords take note!

21 October 2009

Owners of commercial and industrial properties built before 1 January 1990 which are used as workplaces must ensure that any asbestos containing mater...

Assignment Blocks Review

20 July 2011

On 23 May 2011 the decision in Emvalle Pty Ltd as Trustee for the Alkaz Discretionary Trust trading as Aqua Vista Apartments v Body Corporate for Aqua...

Associate contracts, you must know the rule

18 September 2009

We have recently been retained by a manager whose management rights were in grave danger of being terminated for entering into a contract with an Asso...

Authority Levels for Body Corporate Decision Making

16 February 2015

We get an enormous range of questions on how bodies corporate go about their daily business.  One of the most broadly asked questions is how a body ...

Be cautious when renewing your Caretaking Agreements

22 September 2006

By Small Myers Hughes LawyersAs I have pointed out an numerous occasions in prior articles, there are two types of Caretaker Agreement in New South Wa...

Bodies corporate and major projects

20 March 2013

As buildings age (like most things), they need work.There comes a time in every building’s life cycle where that work is more than cosmetic...

Bodies Corporate Recovering Unpaid Levies

18 June 2012

Should You Get Judgment?Bodies Corporate should think twice about obtaining and enforcing their judgments forunpaid levies after the recent Adjudicati...

Body corporate regulated the length of a tenancy.

03 January 2010

With the annual schoolies ‘festival’ there has been a lot of press and other comment about the ability of a body corporate to restrict schoolies sty...

Breach notices require urgent action

18 November 2009

We have seen a very sharp rise in the number of breach notices being issued to caretakers across the State.A committee should only issue a breach noti...

Breaches of Codes of Conduct

26 April 2010

There are two codes of conduct for resident managers under the BCCM Act...

Building Management Statements 101

05 August 2014

We first wrote about building management statements (‘BMS’) nearly three years agohere. That newsletter predicted that we were going to g...

Buying Management Rights in NSW - part II

18 August 2008

I know that this sounds basic but it is really important to understand what you are buying when you decide on purchasing management rights in New Sout...

Can a resident manager lobby owners to vote?

20 July 2011

There is a common misconception that resident managers cannot lobby their owners to vote in a certain fashion...

Can the Corporations Act apply to your MR Business?

19 July 2012

This article deals with the closest management rights ever comes to theCorporations Act.It has been prompted by what has been a spate of matters we h...

Car Parking - Management Rights Complex

17 January 2008

By Frank Higginson of Hynes Lawyers One type of problem arises where owners have been parking their cars in accordance with numbers which are painted ...

Changes to the Body Corporate and Community Management Act

17 May 2011

Changes to the Body Corporate and Community Management Act 1997 (“Act”) which have a significant effect on contracts of sale for strata titled lots ...

Changes to the Retirement Villages Act 1999

09 July 2006

This fact sheet explains major changes to the Retirement Villages Act 1999 (the Act) that will affect retirement village operators and residents in Qu...

Claytons committee meetings

10 January 2011

Although I am not officially senior enough to have ever partaken of a Claytons, the more senior amongst our readership probably remember the advertisi...

Committee recommends changes to Lot Entitlements Bill

03 January 2013

Following a review of the Body Corporate and Community Management and Other Legislation Amendment Bill 2012 (Qld) by the Queensland Parliament Legal A...

Continuing the theme of who is responsible for what...

04 February 2013

Happy new year to all of our readers.We regularly have clients who get caught up in confusion about what their responsibilities extend to in a managem...

Costs orders in the commissioners office

17 February 2012

The commissioner’s office is designed as a no cost jurisdiction...

Deposit Bond in Lieu of Deposit Leads to Termination

07 April 2009

The Supreme Court of Victoria has found that payment to a Vendor under a deposit bond for security of deposit money in a contract for the sale of land...

Did you know?

10 March 2007

As an on-site property manager, under Section 13 of the Property Agents and Motor Dealers Act 2001 (PAMD) you must display your licence description in...

Disclosure Cures All Evil

20 February 2012

Do you have an interest in a lot in your letting pool? If so, then read on…Your role in acting for your owners as letting agent creates a relatio...

Do not forget your option

17 June 2010

The actual length of the term of a management rights agreement can be expressed in two very different ways.Some agreements are simply for a set term (...

Do not forget your option

19 July 2010

The actual length of the term of a management rights agreement can be expressed in two very different ways.Some agreements are simply for a set term (...

Do you inadvertently accept unlawful voting papers?

02 September 2013

This newsletter is based on a piece of decided litigation from the year 2000, but as we bounce around the body corporate management industry, it seems...

Does a body corporate have to include all submitted motions?

26 May 2013

We get this question at least once a month.  The answer has always been 'Yes'. And why wouldn't it be?  The Modules requires that if a motion is...

Dont forget to exercise your option

07 January 2008

By Small Myers Hughes LawyersScenario (Qld or NSW)You have recently purchased management rights in a building and paid a high multiplier, partly becau...

Effect of termination of a tenancy under s.151

09 July 2006

When a tenancy is terminated as provided in the legislation, the parties to the agreement are no longer bound by that agreement, but the parties may s...

Employment Agreements For On-Site Staff

13 January 2015

Written by Tony O’Connor, Short Punch & Greatorix Introduction The landscape of industrial law can be a minefield...

End of financial year tips - Getting ready for selling

15 July 2008

As the management rights market catches its breath, along with most things property related, it is time for everyone to make sure their business affai...

End of Year Approaches

09 July 2006

With the oncoming end of financial year there are a few things management rights owners need to consider to assist both themselves, their accountants ...

Examin All Options

09 July 2006

Leading up to the end of each financial year, there are many Managers who wish to sell their management rights, however for tax and other reasons do n...

Fairs Fair

05 August 2014

FAIR’S FAIR There are two issues relating to Management Rights sales, which are at the moment causing concern to Buyers and Sellers of Managem...

Fit Out Incentives, The Tax Benefits

15 March 2010

Commercial Tenants are enjoying attractive lease proposals from landlords desperate to have their premises occupied during these tough economic times....

Forcing the hard decision

21 December 2008

One of the main aims of the BCCM Act is to have bodies corporate self govern...

Foreign Investment Approval Process

03 March 2009

Recent Changes To The Foreign Investment Review Board Approval Process For Purchase Of Residential Property By ForeignersNew changes to the Foreign In...

Forms 20a or 6 - When is a new form needed?

19 May 2015

By John Punch of Short Punch & Greatorix Lawyers Chameleons are very unusual creatures...

Fully featured management rights software to manage

09 July 2006

While you’ve been carefully developing your property, we’ve been busy developing superior, fully featured management rights software to mana...

Garden Maintenance

17 January 2008

By Frank Higginson of Hynes Lawyers It is common for managers in permanent let management rights complexes to have arrangements in place for the mowin...

Getting Your Figures Rights

17 November 2010

We are not accountants...

Good Bye Sustainability Declarations

21 August 2012

The amount of paperwork you are required to complete when selling your home is hefty to say the least...

Good News!

18 September 2015

Here at Short Punch & Greatorix Lawyers we do keep a watch out for what we call “rogue activity” conducted by Body Corporate committees and ...

Hang On a Minute

26 April 2010

If you are a Resident Unit Manager then you are also a non-voting member of the Body Corporate committee...

How to waste a body corporates money

17 August 2015

If you have even a passing interest in federal politics, you will have seen the furore over Bronwyn Bishop’s recent taxpayer funded chopper fl...

Including all submitted motions on a general meeting agenda

22 April 2013

We get this question at least once a month.  The answer has always been ‘Yes’.And why wouldn’t it be?  The Modules requires that if a motion is s...

Injury Victim Cleans Up In Court

26 May 2013

On the 2nd April this year the Court of Appeal in Queensland delivered a Judgment against the operators of serviced apartments in Brisbane, which shou...

Introducing the new Qantas American Express Card

09 July 2006

American Express asked us if we would be interested in promoting their new QANTAS American Express Cards to our members and we said sure in return for...

Introduction to New Zealand Management Rights

15 March 2007

By AlexanderDorrington LawyersThe creation and sale of management rights in a multi-site development is an increasingly common practice in New Zealand...

Justification for an Interim Order

16 August 2010

Many applications are made to the Office of the Commissioner for Body Corporate and Community Management for an interim order.  The fact that a matte...

Knowing your management rights agreement

11 February 2010

Welcome to the new decade!A recent supreme court decision in New South Wales has cast more legal light on the issues surrounding options in management...

Land Tax Grab

15 March 2010

Proposed changes to the Valuation of Land ActThe Queensland Government has delayed the implementation of amendments to the Valuation of Land Act 1944 ...

Lease Assignments: Corporate Tenants - Dont Be Caught Out

18 September 2009

When a tenant enters into an agreement with a landlord to lease commercial or retail premises, the lease will usually contain a requirement that durin...

Legal Specialist in Qld + NSW

07 September 2006

Whilst Small Myers Hughes (SMH) is a Gold Coast based law firm, its clients scattered throughout all areas of Queensland and New South Wales.TWO STATE...

Legislation Updates

2 item(s) within
11 March 2007

Levy recovery proceedings and insolvency - a warning

28 May 2012

Levy arrears can be the bane of a committee’s existence if not handled properly...

Losing a letting appointment on short notice

17 June 2011

This article is primarily for those that have short term lettings, but it can apply to permanent lettings as well.Both a resident manager and an owne...

Lot entitlement disputes

24 June 2009

Lot entitlement disputes have been attracting substantial press recently, and a large number of our clients have asked us about the background to the ...

Lot entitlement reversals bill passed

20 March 2013

Late last year we wrote about the proposal of the LNP government to allow the reinstatement of lot entitlements that had been changed back to what the...

Lot entitlements - the issues paper has been released

17 February 2014

As promised by the LNP government, lot entitlements is at the top of the list for the statewide property law review and the issues paper on lot entitl...

Lot Entitlements – To Change or Not To Change

19 July 2010

In February 2010, redchip lawyers in this blog flagged proposed changes to body corporate contribution lot entitlements by Gold Coast MP, Mr Peter Law...

Major body corporate projects

16 August 2010

No matter what you do, it is almost impossible to have a management rights agreement (or in fact any agreement) that covers every single contingency o...

Management Rights and Enforcing Bylaws

18 April 2011

Most management contracts for management rights managers contain a phrase that instructs the manager to enforce the community title scheme’s bylaws t...

Management rights and termites

18 June 2012

We are quite often asked to advise on where a resident manager’s role starts and finishes...

Mirvac v Wilson - material prejudice under the BCCMA

04 February 2013

IntroductionThe recent decision of the Queensland Court of Appeal in Mirvac Queensland Pty Ltd v Wilson provides important guidance to developers of ?...

Mortgagee and co-owner disputes

18 October 2011

It must be a sign of the continuing tough economic times, but in the last few weeks we have been relatively inundated with queries from clients about ...

Multiple v Return on Investment

18 May 2011

It’s pretty much accepted wisdom in the management rights industry that the value of the business is assessed on the basis of a multiple on net profi...

Multiplying the multiplier

22 July 2008

Recently one of our leading accounting firms hosted a tax planning and management rights industry seminar and they asked if I could include a presenta...

Never Ever Give Up

17 May 2010

The position a committee takes on a matter can hold a fair degree of sway with owners...

New Pool Regulations

25 October 2010

The Building Act 1975 (“Act”) was recently amended in relation to pool safety.  The Act is expected to commence 1 December 2010.The Act represents ...

New transfer provisions finally arrive

22 August 2008

After months of speculation, the State Government’s amendments to the Regulation Modules that will govern bodies corporate and the management rights ...

Off Plan Purchases

09 July 2006

With the growth of population and inbound tourism in Queensland continuing there is a strong development market for holiday and permanent unit complex...

Office hours, are they really necessary?

02 September 2013

When I first started my articles of clerkship at a venerated management rights firm in 1992 mobile phones didn’t exist.  I used to have a beeper.  ...

Oppressive or unreasonable

08 November 2013

If you are in the strata management industry, expect to see a lot more of this phrase in coming years.Section 180 of the Body Corporate and Community ...

Options - Very Important Provisions

20 December 2013

A valid and current Caretaking Agreement and Letting Agreement (“Agreement”) with a healthy term remaining is one of the most valuable assets in a m...

Ownership of security footage.

22 February 2011

Many complexes include some form of CCTV which the resident manager is required (usually by agreement) to monitor...

Partnership agreements, is it just fee creation

15 July 2008

Partnerships within management rights businesses are becoming more popular...

Partnerships in Management Rights, Do They Really Work ?

21 August 2011

Over the years I’ve worked with various partnership vehicles in financing the purchase of management rights businesses...

Pets in Body Corporate Schemes

02 September 2014

The issue of pets in Body Corporate schemes is one which has been attracting much attention from Body Corporates, Body Corporate managers and ...

Picking the fights you need to

21 November 2011

Frequent readers of our newsletters have probably seen some repetitive themes in recent times...

Predominance Revisited

17 June 2010

The Adjudicator’s decision in Seapoint CTS 8504 (0955-2009) adds two important new factors for consideration when Bodies Corporate change from the St...

Predominance Revisited

16 August 2010

The Adjudicator’s decision in Seapoint CTS 8504 (0955-2009) adds two important new factors for consideration when Bodies Corporate change from the St...

Pricing Legal Risks

.gravatar{display: none;}Alan Greenspan (the then Federal Reserve Chairman in the USA) coined the famous phrase ‘irrational exuberance’ in relation ...

Pro-actively negotiate disputes over caretaking duties

20 August 2009

When it comes to situations of conflict in management rights situations, one of the major causes is the difference of interpretation over the nature o...

Protection of Forward Bookings - Some Practical Advice

31 March 2014

This article deals with a subject which regularly crops up at ARAMA Forums A Manager in a holiday letting complex can be in a difficult situation i...

QLD Asbestos Management Compliance

22 November 2012

An Asbestos Free AustraliaHigh level government plans to make Australia asbestos free and reduce the burden of asbestos related disease has resulted i...

Regulation of Management Rights in Victoria

21 December 2008

The use of on-site managers is commonplace in the serviced and holiday apartment industry throughout Australia...

Resident managers enforcing by-laws

18 May 2011

  One of the most annoying parts of every resident manager’s life must be that knock on the door after hours with a whinge from an owner or a tenan...

Residential Premises for GST

19 May 2009

Only Shelter and Basic Living Facilities Required: South SteyneAn e-Alert from the Tax and Property & Construction GroupThe Federal Court has foun...

Restraints of trade

07 September 2008

Most owners of management rights businesses would be aware that, with the right licensing, they can sell lots in their (and others) buildings...

Restraints of trade

03 October 2013

Most owners of management rights businesses would be aware that, with the right licensing, they can sell lots in their (and others) buildings...

Retail Leases - Restrictive Agreements and Trade Practices

03 January 2010

The ACCC has recently signalled increased focus on retail leasing and the behaviour of both landlords and tenants...

Reviewing Your Letting Appointments

21 October 2009

It has been a while since we have sent a newsletter about letting appointments, so we thought it timely to give everyone a reminder about the current ...

Save For Retirement and Manage Your Tax Position

09 July 2006

The Federal Government’s recent Budget announcements confirm that its intention is to simplify the confusing superannuation rules and reduce tax ...

Simple Ways To Protect Your MR Business

18 April 2011

Intellectual property forms part of the intangible assets (along with goodwill) that is your management rights business...

SUMMARY OF THE MERRIMAC DECISION

21 November 2011

Henderson and Anor v The Body Corporate for Merrimac Heights [2011] QSC336On 11 November 2011 the Supreme Court of Queensland delivered its decisi...

Summer Time Changes To Pool Safety Laws

17 November 2010

To coincide with the commencement of summer, on 1 December 2010 the Queensland Government will introduce new pool safety laws following the Government...

Sustainability and By-Laws Part II

19 July 2010

Since our article in March 2010 titled ‘Sustainability and By-laws – The Nitty Gritty’ which covered the Building and Other Legislation Act 2009 an...

Tackling Electricity Price Hikes with Auditing

02 September 2013

With electricity prices soaring, Queensland unit owners have been seeing hikes of up to 22.6 per cent on their bills - leaving more Queenslanders figh...

Take Care to Maintain

17 May 2010

It is important to note that statutory maintenance obligations imposed on Bodies Corporate give rise to a duty of care...

Tenant and Land Lord rights in times of disaster

01 February 2011

The recent floods have caused great hardship to many individuals and businesses throughout Brisbane...

Termination of Caretaking Agreements

03 December 2006

By Small Myers Hughes LawyersWhat to look out forAn Owners Corporation can take steps to terminate a Caretaking Agreement in New South Wales in one of...

The Building Energy Efficiency Disclosure Bill 2010

17 May 2010

Just as commercial real estate agents thought that “all things environmental” relating to property were only issues for residential real estate agen...

The Carmel by the Sea decision - what it means.

20 September 2012

The management rights and body corporate industries have been waiting with anticipation for the first formal legal decision in the dispute between the...

The commerciality of strata litigation

19 December 2011

The commerciality of strata litigationThe decision to engage in litigation is a very serious one...

The difference between an extension and a variation

22 September 2011

We are quite often asked by clients to ‘top up’ their management rights agreements...

The different body corporate committee roles

30 March 2015

Everyone (probably) knows that there are a maximum of seven voting committee positions for a committee formed under the Body Corporate and Community ...

The different definitions of a community

15 March 2010

One of the ‘joys’ of the management rights industry is that there are no two identical management rights businesses...

The different styles of management rights businesses

03 January 2013

A ‘vanilla’ management rights business is one that comes with a standalone unit (with an office component of some type forming part of it) and the b...

The Future at Law of Strata Titled Buildings

17 October 2014

I would like to share with your readers some of my thoughts and the details of an interesting matter I recently handled which covers the legalities of...

The future of caretaking remuneration

24 June 2013

Historically there was no real methodology for calculating caretaking remuneration.  Caretaking remuneration is often referenced back to a dollar val...

The Information Gap

17 February 2012

Disclosure of Body Corporate Information to prospective Buyers of units in Community Title Schemes was expanded last year by the Queensland Government...

The legal risks in your management rights business

23 June 2015

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...

THE NEW TENANCY TRIBUNAL

07 April 2009

  As many of you may be aware we are due to start our new Queensland Civil & Administrative Tribunal Bill (QCAT) in the second half  this year....

The State of the Market

02 September 2014

In a word – busy. There seems to be more activity in the management rights market than we have seen since before the GFC.  Pre GFC the activity w...

The Work Health and Safety Act

17 April 2012

The new Work Health and Safety Act 2011 (‘the WHSA’) commenced on 1 January 2012.  It is without doubt that every resident manager is a person ...

Tips to ensure a smoother management rights sale

21 August 2012

If you are going to list your management rights business for sale, you need to make sure that it is in as healthy a position as possible.To ensure...

Topping Up Management Rights, The Contest Continues

13 January 2015

Admiralty Towers is a very well presented building.  Consisting of 28 stories on the Brisbane River, it has some breathtaking views.  H...

Understanding strata insurance: when are you covered?

15 July 2015

Wednesday June 17th, 2015 Body corporate insurance is arguably the most important aspect of building management, but when it comes to using it, it ca...

Understanding Your Trust Account

05 May 2014

Your trust account and the way you operate it is your lifeline...

Unfair Body Corporate By-Laws - What to do

03 January 2010

Sometimes it’s just plain not fair…you have bought a lot within a community titles scheme or as a current owner your circumstances change and sudden...

Unit owners and Guests not in your Rental Pool

25 March 2007

By Small Myers Hughes LawyersI frequently receive calls from clients wanting to know what obligations they have as on-site letting agents to provide ?...

Unsold Developer Stock in Letting Pool

19 May 2009

One of the issues confronting people buying management rights businesses off the plan in a slowing property market is unsold developer stock.Back in t...

Varying agreements without an EGM

03 March 2009

After having reviewed literally hundreds of management agreements over the years, we think it is safe to say that there is very rarely an agreement th...

We are from the government and we are here to help.

20 January 2014

The Queensland government, having conducted a major review of the PAMDA legislation has now introduced a Bill (Property Occupations Bill 2013) that wi...

What does NRAS Mean for Management Rights

29 October 2012

Many resident managers would recall the times when housing affordability was a real (and political) issue...

What else can you use the Property Occupations Act for?

13 June 2014

The Property Occupations Bill was passed by State Parliament yesterday...

What is a Nominee?

21 August 2011

We are quite often asked about the rights of resident managers to appoint others to act to represent them in their dealings with a body corporate...

When can a resident manager vote?

20 July 2011

One of the reasons we produce these newsletters is that they can be used to debunk what we regard as myths in the management rights industry.One of ou...

When to tell your body corporate you are selling

19 July 2010

Conventional wisdom in the management industry is not to tell your body corporate you are selling until your contract is unconditional...

Who is to blame if tenants break the by-laws

25 July 2013

Social media has recently been abuzz with complaints and posts about tenants who break strata by-laws, whether it's with noisy pets, car spaces or an...

Who owns your domain name?

20 March 2012

The content of this e-newsletter might actually surprise a few people.  We all know that the internet is causing rapid change in many business sector...

Who should attend small-claims hearing

09 July 2006

The Small Claims Tribunal Act 1973 provides that the hearings of claims in the tribunal shall be held in private and not open to the general public...

Withholding consent to transfer MRs

16 July 2009

Happy new financial year!We often act for resident managers that are confronted by a body corporate that wants to renegotiate the management rights ag...

Working from Heights in Management Rights

16 April 2015

Under the Work Health and Safety Act  there are a range of codes of practice that have been issued by Safe Work Australia. As you would expect, t...

Workplace inspectors put accommodation industry in hot-seat

24 March 2009

Federal and State workplace inspectors converged on Wollongong last month for a two-day blitz on the accommodation industry.They randomly targeted 20 ...