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Latest Industry News!
Taxes should not undermine Queensland – Call for independent review
The Real Estate Institute of Queensland (REIQ) says a new research report from the Property Council of Australia (PCA) highlights the need for the re
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REIQ CEO Announced as Lord Mayors Business Award Finalist
The Real Estate Institute of Queensland (REIQ) CEO Antonia Mercorella has now been named a finalist in the prestigious 2024 Lord Mayor’s Business A
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Take rent controls off the table
Queensland’s property market is warning of a further hit to rental availability, as the Government fails to rule out any further rent controls
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STRATA SEMINAR 9TH OCT 2024 – GOLD COAST
By-Laws – The Good, the Bad and the Ugly. Strata Seminar 9th Oct 2024 – Gold Coast. In this seminar series, our panel of experts will explore wha
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STRATA SEMINAR 17TH OCT 2024 – MACKAY
Insurance – Affordability and Accountability. Strata Seminar 17th October 2024 – Mackay. In this seminar series, our panel of experts will explor
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STRATA SEMINAR 24TH OCT 2024 – SUNSHINE COAST
By-Laws – The Good, the Bad and the Ugly. Strata Seminar 24th October 2024 – Sunshine Coast. In this seminar series, our panel of experts will ex
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Featured Management Rights
What Are Management Rights?
‘Management Rights’ or 'Management Letting Rights' (MRs and MLRs, respectively), are businesses concerned with the maintenance and management of community titled complexes. Management Rights consist of three components: The caretaking agreement to maintain the complex for the body corporate; The letting business allowing the manager to manage rentals within the complex; and The Lot which is the unit, car space, storage areas and office that are owned by the manager in which to reside and run their business. Essentially, a management rights is a business, and a house, combined.