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We are highly regarded in the industry as pre-eminent lawyers in the Management Rights field. Our expertise is gained from over 20 years involvement in management rights in both QLD and NSW.
Our particular expertise covers:
Drafting – Drawing of caretaking and letting agreements and by-laws specific to the requirements of your development.
Managed Investments Act (MIA) – ensuring that you are fully aware of all issues relating to the MIA and that your management rights documents, your sale contracts and your selling processes comply in all respects with the requirements of the MIA.
Entering into agreements and sale of your management rights – providing expert advice on the timing and requirements relating to the entering into of the agreements and the sale of the management rights.
The traps and pitfalls –developers benefit greatly from our involvement as we have seen all of the traps and pitfalls that arise on a day-to-day basis with the establishment and sale of management rights. We plan for and overcome these issues in our investigation and implementation stage.
Working with your conveyancing lawyers – we regularly work with developers and their conveyancing lawyers throughout NSW by providing specific management rights documents, by-laws and contract special conditions for inclusion in "off the plan" sale contracts. We also draft and tailor the MIA product disclosure document to ensure absolute compliance with legislation. Where required, we apply for and obtain exemptions to MIA requirements
You can benefit from our vast practical and legal knowledge of management rights structures. More than most businesses, management rights are an area where specialist involvement is critical
Buyers - If you are purchasing management rights, we know the issues which need to be investigated to ensure that your agreements are valid and enforceable. Not only do we have an expert knowledge of the Strata legislation and case law; we have 20 years of practical knowledge of issues that impact on day-to-day running of management rights business.
Sellers - like buyers of management rights, sellers will also benefit from our expertise and knowledge. We will guide you through the delicate process of calling body corporate meetings and obtaining body corporate consent to the assignment of the management rights.
Ongoing support – Once you purchase your management rights, we are only a phone call or email away for ongoing advice and assistance. We will help you if and when you have difficulties with owners’ or committee members. We will also assist you with issues such as extending or varying your agreements. The practical and supportive explanations that we provide to bodies corporate when we submit motions on behalf of our clients is something we pride ourselves on. These explanations will give you the best possible chance of obtaining approval to those extensions and variations which you may seek.
We are firm believers that our management rights clients should be aware of the benefits of being members of management rights associations. We will advise and direct you to the appropriate associations.
Partner, Col Myers, plays a hands-on role as legal advisor and patron to the Australian Resident Accommodation Managers Association (NSW) Inc. - (‘ARAMA’). Col regularly attends meetings of the various Association chapters and fully understands the day-to-day issues confronting managers in their business operations.
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