The Assignment of Management Rights
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Management rights businesses are created by entry 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.

A body corporate or owners corporation (as a party to the management rights agreements) always needs to consent to the transfer of the agreements from one management rights owner to the next.

Download the only guide written by a specialist law firm in this area to understand:

  1. The background to the transaction
  2. How the process works
  3. Who does what and when
  4. What you can ask for
  5. What you cannot ask for
  6. Who pays the costs
  7. Can a committee refuse to consent to an assignment?

and much more!