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Search results for “Take Care to Maintain”

You are browsing the search results for “Take Care to Maintain”

In: Facilities Management, Legal

Contributed By: Hynes Legal on

We first wrote about bullying in strata more than two years ago. We have been waiting for a while, but we finally have a decision from the Fair Work Commission (FWC) that gives some guidance about whether the sort of conduct we regularly see in terms of committee and resident manager communications constitutes bullying. And if we are going to gloat just a little bit, it played out the way we predicted it would. Every other day we deal with business relationship breakdowns in strata. Tit gets exchanged for tat. Petty email wars ensue. Mud gets thrown and names called. A committee/management rights relationship is a special one. IfRead More →

In: Body Corporate, Facilities Management, General Interest, Landlords, Tenants, Renting and Management, Legal

Contributed By: TheOnsiteManager on

SMOKE ALARM COMPLIANCE IN QUEENSLAND: PREPARING FOR 1 JANUARY 2027 The final compliance deadline for Queensland’s smoke alarm reforms is fast approaching. From 1 January 2027, all domestic dwellings must meet the updated legislative requirements. If you are a body corporate committee member, caretaker, letting agent, or planning to sell, now is the time to review compliance. Delays can lead to settlement adjustments, contractual disputes, regulatory action, and avoidable stress. Here is what you need to know. What the Law Requires Under the Fire and Emergency Services Act 1990 (Qld), the Building Fire Safety Regulation 2008 (Qld) and the Queensland Development Code (QDC MP 6.1),Read More →

In: Accounting and Finance, General Interest

Contributed By: TheOnsiteManager.com.au on

Three things to know: As lawyers, we’re used to dealing with other people’s money. Usually that sits in our trust account, and we won’t act on it or do anything with it unless we receive specific instructions from our client. A body corporate general account, sinking fund or administrative fund isn’t the same as trust monies, but it’s not far from it. There’s a saying in relation to dealing with other people’s money that you should treat it as if it was your own. I don’t necessarily think that’s the case for a body corporate. How we as individuals deal with our own personal financesRead More →

In: General Interest, Legal

Contributed By: Mike Phipps Finance on

These days, as I contemplate the ride into the retirement sunset, I seem to be spending more and more time dispensing wise counsel. Of course, the managing director and I have agreed to differ in respect of my definition of wise. She posits that like Joe Biden, if you hang around long enough some people will assume an age and wisdom convergence while ignoring demonstrable cognitive decline. I counter that a capacity to write the previous sentence is testimony enough to my undiminished mental faculties. Took me two days to finish that sentence and at some point it included reference to a fishing trip, butRead More →

In: Real Estate, REIQ

Contributed By: Claire Ryan on

The Real Estate Institute of Queensland (REIQ) is warning not all real estate courses are created equal and is commending a crackdown on poor quality training providers. Registered training organisations (RTOs) have been put on notice by the Australian Skills Quality Authority (ASQA), alerting its audits could confirm concerning reports that some students and professionals are not being properly enrolled, trained and assessed. REIQ CEO Antonia Mercorella stressed the importance of high-quality education for real estate professionals, and highlighted the risks associated with substandard courses. “When you consider the incredibly important work that real estate professionals perform, and the fast-paced and complex legislative environment theyRead More →

In: REIQ

Contributed By: Jane Garcia on

The Real Estate Institute of Queensland (REIQ) says that the Bill regarding Stage 2 Rental Law Reforms which was passed in Parliament yesterday, has missed the mark. While the peak body is celebrating some wins from its comprehensive submission that recommended 39 amendments to the RTRAOLA* Bill, the REIQ is disappointed that many of its concerns were ignored. REIQ CEO Antonia Mercorella said its pleasing to see some of the REIQ’s significant concerns were addressed by a suite of eleventh-hour amendments to the legislation. “Firstly, a time limit that was originally proposed for water consumption charges, would have seen property owners potentially picking up hundredsRead More →

In: Accounting and Finance, General Interest

Contributed By: Mike Phipps Finance on

As some of you will know I’m a bit of a music nut. I find lyrics interesting and often ponder the meaning in popular songs. I’m also fascinated by the influence of love found and lost in modern music. I bet if you were forced to listen to only songs that didn’t mention love, relationships, heartache etc you’d soon get very sick of Midnight Oil preaching to you. Don’t get me wrong, a red hot band no doubt and a bit of preaching never hurt I guess. Maybe just dialled down a notch or two. Anyway, I’ve got the headphones on with songs of loveRead More →

In: Body Corporate, Facilities Management, Landlords, Tenants, Renting and Management, Real Estate

Contributed By: BC Systems on

Tree maintenance responsibilities in a body corporate Trees can add significant value to a property, particularly if they are well-maintained and add to the aesthetic of the property. They can provide shade, privacy, and a sense of tranquillity, all of which are highly sought after by potential buyers. On the other hand, poorly maintained or overgrown trees can detract from the value of a property and even be a safety hazard. It is essential to ensure that trees in a body corporate are well-maintained to enhance the overall value of the property and also important to understand the obligations regarding maintenance of trees depending on their location within a scheme.   ResponsibilityRead More →

In: ARAMA, Facilities Management, General Interest, Landlords, Tenants, Renting and Management, Real Estate

Contributed By: ARAMA on

I’d like to remind ARAMA members again that the industry survey conducted by international accountancy group Deloitte demonstrated better returns for owners from properties managed under the Management & Letting Rights model. Overall, the survey responses indicated that a resident manager acting in the role of an on-site letting agent delivers a better weekly rental return than an outside agent. The Resident Manager also performs the caretaking functions in a more cost-effective manner when compared to other professional outside alternatives. The Deloitte Survey is available as a four page fact sheet to members from the ARAMA website library. One of the most striking outcomes fromRead More →

In: ARAMA, General Interest, Landlords, Tenants, Renting and Management, The Management Rights Market

Contributed By: ARAMA on

The greatest validation for long term agreements in the business of Management and Letting Rights (MLR) is that the vast majority of resident managers are granted top-ups – that is extensions on the term of their MLR agreements. Why? Because those resident managers make continual improvements to a scheme in a way that off-site managers could never achieve. Owners are happy to give resident managers these top-ups as a reward for their performance. There are great economic benefits to a scheme that has an on-site manager with a long-term agreement, and there are also benefits you cannot put a price on – the services thatRead More →

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