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COMMITTEE GUIDE: MANAGEMENT RIGHTS ASSIGNMENTS
January 23, 2025
Management rights businesses are unique to the strata sector. A body corporate is a party to any management rights agreement and therefore plays a role in the transfer of those agreements should the resident manager wish to sell.
This guide is for committees who have been asked to, or may soon have to, consider the question of consenting to the assignment of the management rights agreements for their scheme.
Download our guide to understand more about:
- The management rights sales process
- Key elements of a management rights assignment
- A body corporate’s options and opportunities in a management rights assignment
Give yourself the best chance of a smooth transition of management rights for your scheme.
Article Contributed by Hynes Legal
The post COMMITTEE GUIDE: MANAGEMENT RIGHTS ASSIGNMENTS appeared first on Smart Strata | Body Corporate Management.