Management rights

MANAGEMENT RIGHTS

Mortgagee and co-owner disputes

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 mortgagees taking possession of units and disputes between owners.
Here are some simple rules to operate by... For a copy of the complete article, please email...

The difference between an extension and a variation

We are quite often asked by clients to ‘top up’ their management rights agreements. An important matter that is sometimes misunderstood in a management rights business is the difference between: exercising an existing option in an agreement; and varying an agreement to create a further option term. ...

What is a nominee?

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. This is usually the case where the owner of the management rights is a company or a trust. The person appointed can be called on any number of things. Some of the more common ones are: ...

Who does security footage belong to?

Many complexes include some form of CCTV which the resident manager is required (usually by agreement) to monitor. The security equipment is usually owned by the body corporate, but kept in a lot to which the resident manager only has access. Naturally, we have seen positions other than this (for example where the resident manager...

Claytons comittee meetings

Although I am not officially senior enough to have ever partaken of a Claytons, the more senior amongst our readership probably remember the advertising phrase ‘The drink you have when you are not having a drink.’ Claytons was the pre cursor to light beer in Australia (yes a joke), and was sold on the basis that it looks like you...

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