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In: Insurance

Contributed By: Aon on

When you’re in the business of providing professional advice, sometimes, things don’t go according to plan. Whether it’s a small oversight on your part, misplacing a document, or making a mistake  – there are many instances that can lead to a client taking legal action against you. You might hold Professional Indemnity insurance to cover such claims, but it is also worth understanding some of the different events that can give rise to these types of claims for a well-rounded approach to managing your risk. Here are some examples of events which may lead to Professional Indemnity claims, and how you can make sure you’re staying vigilant.Read More →

In: Body Corporate

Contributed By: BCSystems on

Most people are aware that a landlord or property manager, by providing a rental entry notice, can gain access to a rental property. But did you know a body corporate also has entry power? Applicable to both owner-occupiers and tenants, certain ‘emergency’ circumstances will allow a committee to enter a lot, without notice. What areas can the body corporate enter using this power? The body corporate can use this power to enter any part of the scheme land, provided entry is correctly authorised and reasonably necessary. This includes the inside of all rooms within the dwelling, as well as exclusive use areas like a balcony,Read More →

In: General Interest

Contributed By: ARAMA on

Ian & Maree Smith – Hidden Grove & Vista on Brays2022 ARAMA TOP Awards WINNER for Resident Manager of the Year – Long Stay Accommodation Who is involved in the daily running’s of your business?Ian and I are both very hands on in our business. Ian focuses on maintenance, and I focus on the property management/sales side of the business. However, we both support each other daily. Depending on the day we step in to help each other regularly. Ian is very good withtenants and my hedging skills are not too bad either. However, I have been known to make a good hedging mess andRead More →

In: Real Estate

Contributed By: Claire Ryan - REIQ on

Property prices continue to rise across Queensland, albeit at a more modest pace, according to quarterly median sales results released by the Real Estate Institute of Queensland (REIQ) today. The June 2022 quarter (April – June 2022) revealed that Queensland’s median house prices rose by 3.61 per cent, while median unit prices still inched up by 1.59 per cent. REIQ CEO Antonia Mercorella said the latest quarterly results showed Queensland’s soaring property market growth has started to show signs of calming. “You only need to take a look at the rate of price growth over the past year, with some areas achieving an incredible 20-30Read More →

In: Events, Uncategorized

Contributed By: TheOnsiteManager on

Voting for THE Awards hosted by The Onsite Manager is now open to all of our onsite managers who are part of our managers agency! It is accessible through the control panel. Award categories include Legal, Accounting, Broker, Relief Manager, Body Corporate, Finance and Manager of the Year. Your final chance to vote is 1st of October and the winners will be announced at THE Awards held on the 14th of October at The Warehouse Basement, Brisbane. Get your tickets at: https://events.humanitix.com/the-awards-2022Read More →

In: Facilities Management

Contributed By: Shaun O'Dowd - REIQ on

The REIQ has outlined some of the main matters of change regarding repairs with the new Tenancy Laws coming into effect 1 October 2022. What are the changes to the RTRA Act in relation to repairs? Some of the changes to the tenancy laws on 1 October 2022 relate to the process and authorisation for repairs, including:  – increasing the maximum spending amount allowed for a tenant or property manager for emergency repairs from two weeks to four weeks’ rent; – the Form 18a General Tenancy Agreement must now identify the nominated repairer that is the tenant’s first point of call for emergency repairs; –Read More →

In: Facilities Management, Landlords, Tenants, Renting and Management

Contributed By: Rental Tenancies Authority on

Mould has become more prevalent than usual in houses across much of Queensland, due to the wet weather we’ve been experiencing in the recent months.   It’s important to remove mould from a rental property as soon as practically possible, as it can pose a health risk to those living in the property if left unchecked.   To help property managers/owners and tenants/residents understand their responsibilities, the RTA has answered some of the most frequently asked questions we receive around dealing with mould in a rental.  What causes mould?   Mould is a type of fungi that grows best in damp and poorly ventilated areas.Read More →

In: Insurance

Contributed By: BCsystems on

The body corporate industry is full of jargon, and especially when it comes to insurance. Your body corporate may have received a letter from its insurer discussing a “risk requirement” – this article explains what that is, why you might get one, and tips to deal with it. What is a risk requirement? A risk requirement is a term used by the insurance industry, and it is effectively a warning notice. Your body corporate will have property insurance to cover the common property, and this usually also covers the individual lots depending on your scheme type. The insurer will usually issue a ‘risk requirement’ toRead More →

In: General Interest

Contributed By: Mike Phipps Finance on

As always, I have decided what to write about this month. That’s pretty much as far as I usually get before writer’s block sets in and I resort to Google for an appropriate opening quote. It always works but not today! The word Sustainable has been hijacked by the woke, the deluded and the thought police and must now only be used in the context of saving the world. All manner of sustainable practices and definitions pop up, mostly meaningless motherhood statements and sadly none addressing infinite population growth on a finite ball of spinning rock. In my mind sustainability is the concept of maintainingRead More →

In: Landlords, Tenants, Renting and Management

Contributed By: Rory Scott - REIQ on

The Housing Legislation Amendment Bill 2021 was last year passed by the Queensland Parliament and the REIQ welcomes the improvement from the initial reforms proposed by the government. Key updates: The domestic and family violence provisions came into effect (received assent) on 20 October 2021, but they largely replicate what has already been in place as part of the COVID-19 provisions. Provisions 2 and 3 (outlined below) will come into effect on 1 October 2022. Minimum housing standards (Provision 4 – outlined below) for new tenancy arrangements commence from 1 September 2023 and for all tenancies from 1 September 2024. Although an improvement on the reforms thatRead More →

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