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Managed Letting Rights (MLR): A Unique Opportunity Managed Letting Rights (MLR) is one of the most attractive business models for entrepreneurs lo
Read MoreNEW DISCLOSURE REQUIREMENTS COMMENCE 1 AUGUST 2025 In 2023, the Queensland Government introduced significant changes to property law with the pass
Read MoreThe Real Estate Institute of Queensland (REIQ) is strongly opposing the state’s new standardised tenancy application form, which the peak body says
Read MoreCommittee Membership and By-law Lifecycles. In this seminar series, come along to hear about how you can become a committee member, what’s involved
Read MoreCommittee Membership and By-law Lifecycles. In this seminar series, come along to hear about how you can become a committee member, what’s involved
Read MoreCommittee Membership and By-law Lifecycles. In this seminar series, come along to hear about how you can become a committee member, what’s involved
Read MoreWhat 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.