Tagged as: management rights
26 Sep2013
Quest opens in Mackay
Property Observer North QueenslandManagement RightsHotels
North Queenslands thriving business conditions have motivated the
Quest Serviced Apartments to open its $30 million Quest Mackay on
Gordon this week.
“Mackay is well-known for its buoyant economy and [...] Read More...26 Sep2013
Accor Hotels aim for Australia
Property Observer Management RightsProperty ObserverHotels
French-based hotel operator Accor has placed Australia front and
centre of its growth plans, revealing its intentions to roll out
a further four Pullman hotels, following a year of rapid
expansion.
[...] Read More...23 Aug2013
Reducing your risk as a resident manager
Editor Management RightsLegalRisk
As the development of management rights continues to progress
both in a business sense and legally, there must be a closer
scrutiny on the risks that are endemic within the boundaries of a
resident [...] Read More...22 Aug2013
Can you pool your letting income?
In the overwhelming majority of cases, it is not illegal for a management rights business to pool letting income. There are certain exemptions to this rule however these are very specific [...] Read More...21 Aug2013
Caretaking Disputes
The core duties of a management rights business are usually outlined clearly within the contract. In the majority of cases these duties are well defined and are rarely an issue for the [...] Read More...19 Aug2013
What should I consider when buying Management Rights 'off the plan' ?
As with any business, buying off the plan has its risks. For example you may do projection research and ascertain that you will be able to successfully let out all the lots. In reality this [...] Read More...16 Aug2013
I have had my own accountant for years, why do I need to change?
It is recommended for management rights business holders (or those wishing to enter the field) to switch their book keeping over to an accountant that specialises in the management rights field. [...] Read More...13 Aug2013
Renewing a Management Rights Agreement
A Management Rights Agreement (MRA) will be negotiated over a fixed period; for instance five to ten years. When nearing the end of the MRA, the agreement holders will usually renew the contract for [...] Read More...12 Aug2013
The Office of Fair Trading and your Management Rights
Editor Management RightsLegalOFT
The Office of Fair Trading (OFT) are a Government entity who
actively undertake and co-ordinate state wide compliance.
They handle this via enforcement activities to promote a
competitive, fair and [...] Read More...09 Aug2013