Tag Search - 'Management Rights'
Gallery Vie Variation Explanation by John Punch
Posted on Thursday 28th November 2019
No matter how well we consider and plan for eventualities, we can also expect that something will occur to be a “disrupter” – particularly when you least expect it to happen. This occurs in the law especially when a decision of a Court or Tribunal suddenly comes out of unusual circumstances, with an unexpected interpretation of the law, as it is written by the legislators.
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The Costly "Industry" of Management Rights Assignments
Posted on Monday 19th March 2018
Something has got to be done about the "industry" that is developing, or has already developed, around the process of a body corporate giving its consent to an assignment of Management Rights Agreements (Caretaking and Letting Agreements for Schemes). This harmful industry has sprung up from the activities of some Body Corporate Managers, Solicitors and so-called "experts" in assessing the merits of the assignee, when a party is buying the management rights and the selling manager seeks the consent of the Body Corporate.
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