Contributed By: REIQ on

The new Queensland tenancy laws coming into effect on 1 October 2022 largely replicate domestic and family violence provisions introduced in 2021.  Property managers should always exercise caution when dealing with tenants who are experiencing domestic and family violence.  Some key points of the legislation include: – The affected tenant may choose to either leave or stay at the property and, if they stay, they are entitled to change locks.  – If the tenant believes they can no longer safely stay at the property, they can choose to leave and end their interest in the tenancy.  – They must give you the prescribed form – FormRead More →

Contributed By: Jane Wilson - Queensland Government on

The role of the caretaker within a body corporate can sometimes cause confusion. As the caretaker is frequently onsite managing the scheme’s day-to-day issues, it can fuel the assumption that the scope of their responsibilities is wider than it is. By-law enforcement is one of the tasks residents commonly attribute to caretakers. However, contrary to popular belief, the caretaker is not the ‘all-powerful’ body corporate sheriff appointed to enforce the scheme’s by-laws. In this article we will clarify the avenues available for enforcing by-laws, while highlighting who holds the reins when it comes to body corporate decision-making. What is a contravention notice? A contravention noticeRead More →

Contributed By: Aon on

An explanation on run-off cover and why it’s important When it comes to insurance policies, in most cases, once you no longer own the asset, you also don’t need the insurance anymore. For example, once you’ve sold a car, you usually cancel the insurance policy for it. However, if you run a professional advice-based business and hold Professional Indemnity Insurance, you might receive claims or complaints after you retire or leave the profession as a result of the advice you provided while you were running your business. For these claims to be covered, you will be required to hold a current policy at the time theRead More →

Contributed By: RTA on

The majority of tenancies run to the end date and beyond, but when a tenant or property owner’s circumstances change, the tenancy agreement may have to end earlier than expected. When a fixed term agreement is ended before the end date without grounds (i.e without sufficient reason), this is a break lease situation and compensation may need to be paid. The Residential Tenancies Authority (RTA) encourages parties to communicate their intention to end the agreement as early as practicable for the best outcome. If the tenant ends a fixed term agreement early, they may have to pay compensation for loss of rent until the tenancyRead More →

Contributed By: Aon on

Here are some of the ways Public Liability Insurance claims can come about. Do small business owners need Public Liability? Public Liability Insurance is a common insurance policy held by business owners. Regardless of your industry, if your business or service involves  interaction with members of the public in person, Public Liability is a policy you are likely to consider. You may not have needed to claim on a public liability insurance policy before but having a policy should a claim against you arise means it may assist with , the cost associated with them, which can be substantial. What Public Liability claims are made againstRead More →

Contributed By: ARAMA on

TOP night celebrates best of the best! OH, WHAT A NIGHT! The hardest workers and brightest minds in the accommodation industry came together at the Brisbane City Hall on July 26 to celebrate ARAMA’s 2022 TOP Awards. The TOP Awards are designed to highlight, recognise and reward the best in the Management & Lettings rights industry. It was a stunning occasion with a marvellous attendance of almost 300 – a record for an ARAMA event – as industry participants celebrated their own achievements and the success of their peers. The night was designed to honour the best of the best in our amazing industry and toRead More →

Contributed By: Sarah Staerk - Ray White on

In a market first, Ray White Surfers Paradise Group (RWSP) has added a management rights (MR) sales arm to their portfolio, with industry leader Craig Cornish taking the helm. The move is the first time a major real estate player has embraced MR in a meaningful way, pointing to a renewed confidence in the sector after the challenges of the pandemic. Ray White Management Rights Sales will leverage the mammoth brand power Ray White, an Australian-owned brand of over 120 years. With more than 1000 offices across six countries, Ray White is the largest real estate group in Australasia, selling more properties than any otherRead More →

Nary a week goes by that I don’t get asked how to produce a CMA (Slight exaggeration, but I really wanted an excuse to use the word nary). A lot of managers are really struggling with this task, which is a problem because it’s a vital way to win listings. So here’s a super fast 5 minute walk-through that shows you from start to finish, how to do a CMA. Enjoy!Read More →

Contributed By: Aon on

When you’re in the business of providing professional advice, sometimes, things don’t go according to plan. Whether it’s a small oversight on your part, misplacing a document, or making a mistake  – there are many instances that can lead to a client taking legal action against you. You might hold Professional Indemnity insurance to cover such claims, but it is also worth understanding some of the different events that can give rise to these types of claims for a well-rounded approach to managing your risk. Here are some examples of events which may lead to Professional Indemnity claims, and how you can make sure you’re staying vigilant.Read More →

Contributed By: BCSystems on

Most people are aware that a landlord or property manager, by providing a rental entry notice, can gain access to a rental property. But did you know a body corporate also has entry power? Applicable to both owner-occupiers and tenants, certain ‘emergency’ circumstances will allow a committee to enter a lot, without notice. What areas can the body corporate enter using this power? The body corporate can use this power to enter any part of the scheme land, provided entry is correctly authorised and reasonably necessary. This includes the inside of all rooms within the dwelling, as well as exclusive use areas like a balcony,Read More →

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