Management Rights

Management Rights is a business that gives the right to the resident owner of a lot, contained within a community living complex, to fulfil the role of Caretaker and to operate a letting business in exchange for a salary and the right to earn further commission and services income from individual owners in the complex.

Depending on the complex, the type of letting will predominately be either:

  • Permanent (Long Term) Letting
  • Holiday (Short Term) Letting

When you buy Management Rights you are buying the rights contained in contracts (agreements) with the Body Corporate (the collective body of owners within the complex). These contracts differ from building to building. Sometimes all the rights are in one contract; in other cases caretaking and letting are dealt with separately.

We provide advices and assistance to many buyers and sellers of management rights businesses and we handle all aspects of a management rights transaction.