Featured Listings
Mudgeeraba Management Rights Businesses for Sale
Mudgeeraba Management Rights Businesses for SaleId: 2020 Business SummaryPrice: $985,000Nett Profit: $125,000BC Remuneration: $80,051Location: Mudgeeraba Qld, 4213Complex Features: Storage, 2 Pools, Pets Allowed? YesAgreement...Read More→
Management Rights Super Partnership Earns Approximately 20% return
Contract Waiting for you to sign. Management Rights Super Fund Partnership for Sale. No work for you to do just collect the money. You...Read More→
Management Rights is the business of managing a strata (Hi-Rise, Townhouses, 3-storey walk-up) complex with the purchase of a “managers” unit/residence and a “business”. The business involves caretaking/managing of the common property and letting of units (Apartments/Townhouses/ Houses/Villas). The Unit Contract and the Business Contract must be completed Contemporaneously. As the buyer (Resident Managers) you are agreeing to do the caretaking of the common property (sweeping, weeding gardens, mowing, managing the swimming pool, etc.) and you receive Remuneration by the Body Corporate (often called the Body Corporate Salary) usually monthly in arrears. Letting rights The Letting Agreement allows the buyer to let the units/townhouses within the complex and you must obtain a “Resident Letting Agent” License to allow you to manage rentals within the scheme. Some buyers also obtain their Full Real Estate License or a Real Estate Sales License to enable them to sell units within their complex. Using Accountant, Lawyer, Financier, Banker with Management Rights Experience (Management Rights Professional) is essential as the Management Rights industry is very specialised. We stress that it is of the utmost importance you use Management Rights experienced professionals to ensure you get the best advice prior to and during the contractual stages. Choosing to use professionals who are not recognised in the industry can lead to increased costs, more complications or even a loss of the contract. You must check that your bank or finance lender recognises them, otherwise you may be up for extra to repeat the legal, accounting due indigence by professionals the bank recognise. Different Management Rights? Short-Term or Holiday Letting, Short Term or Corporate Letting, Long Term Permanent Letting, Student letting and mixes of these. Call Management Rights Agents to find out more Featured Management Rights Listings