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Two new Directors get a seat at the REIQ Board table

Two new Directors get a seat at the REIQ Board table

The Real Estate Institute of Queensland (REIQ) is excited to announce the election of two new Directors to its Board after the results were revealed

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REIQ welcomes new Life Member Felix Reitano

REIQ welcomes new Life Member Felix Reitano

REIQ Fellow and industry stalwart, Felix Reitano, has been recognised for a lifetime of dedication to the real estate profession after being named an

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Federal Housing Minister in favour of stamp duty reform, says REIQ

Federal Housing Minister in favour of stamp duty reform, says REIQ

The Real Estate Institute of Queensland (REIQ) is welcoming Federal Housing Minister Clare O’Neil’s support for phasing out stamp duty, signallin

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Upcoming Events

STRATA SEMINAR 30TH OCT 2024 – TOWNSVILLE

STRATA SEMINAR 30TH OCT 2024 – TOWNSVILLE

Insurance – Affordability and Accountability. Strata Seminar 30th October 2024 – Townsville. In this seminar series, our panel of experts will e

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STRATA SEMINAR 31ST OCT 2024 – CAIRNS

STRATA SEMINAR 31ST OCT 2024 – CAIRNS

Insurance – Affordability and Accountability. Strata Seminar 31st October 2024 – Cairns. In this seminar series, our panel of experts will explo

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STRATA SEMINAR 6TH NOV 2024 – BRISBANE

STRATA SEMINAR 6TH NOV 2024 – BRISBANE

By-Laws – The Good, the Bad and the Ugly. Strata Seminar 6th Nov 2024 – Brisbane. In this seminar series, our panel of experts will explore what

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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.