Management rights businesses are created by entering into agreements with a body corporate or owners corporation. These agreements are usually of a long term nature and can be very big businesses.
There are more management rights businesses in Queensland than any other state, but they are growing elsewhere.
Download the only guide written by a specialist law firm in this area to understand:
- The background to the transaction
- How the process works
- Who does what and when
- What you can ask for
- What you cannot ask for
- Who pays the costs
- Can a committee refuse to consent to an assignment?
- and much more!