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REIQ welcomes rate relief amid heightening housing pressure
The Real Estate Institute of Queensland (REIQ) is welcoming the Reserve Bank of Australia’s (RBA) latest move to resume monetary easing, cutting th
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Queensland’s rental market: A New Year, even fewer options
Queensland’s rental market has started 2025 with even fewer options for tenants, as vacancy rates continue to tighten across most of the state in t
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Election result opens window of opportunity for housing, says REIQ
The Real Estate Institute of Queensland (REIQ) is congratulating the re-elected Labor Federal Government, saying a clear majority and a consecutive t
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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.