Expertise - Management Rights

Management Rights

Management rights has grown to be one of Queensland’s most important and progressive industries, and has over recent years rapidly spread to remaining states of Australia.

 

With unmatched accessibility and commitment to client care, Pevy Lawyers can rightly boast to be well placed to assist in all types of management rights matters.

 

As you would expect in such a niche and ever changing industry, there can be no substitute for recent experience. Pevy Lawyers arguably acts for more new entrants to the management rights industry than any other law practice, and in the last financial year alone settled well over 200 complexes – that’s almost one management rights business sale or purchase every working day. This industry leading volume ensures every chance we have seen it before, as well as allowing us to implement strategies for addressing issues that we know work in the field.

 

Be it buying or selling, or looking to improve your existing management rights business, we have the understanding and industry awareness to ensure you receive efficient, accurate and value adding solutions. With the experience of having acted on over 1500 separate management rights transactions (including some of the biggest and most complicated buildings in the sector), you can be assured you are receiving comprehensive and proactive advice.

 

Put simply, if it concerns the management rights industry, we can help. Our specialist management rights legal services include:-   

 

  • Acting in all aspects of the sale and purchase of existing or off the plan permanent, holiday, corporate let and student accommodation management rights, Australia wide (including one of only a handful of law firms with strong experience in jurisdictions outside of Queensland);

  • Offering one of the most comprehensive legal due diligence reports in the industry that is acceptable to all management rights financiers across Australia;

  • Advising on day to day operational matters, including Code of Conduct queries and drafting of letting appointment and leaseback special conditions and terms;

  • Devising strategies in dealing with bodies corporate and other stakeholders;  

  • Negotiating, advising on and acting for management rights partnerships and consortiums – Pevy Lawyers acted for over 50 management rights syndicates last financial year alone;

  • Preparation of exercise of option and renewal of agreement documentation;

  • Drafting top up motions and deeds of variation for your agreements;

  • Attending and advising at body corporate meetings;

  • Advising developers on the creation and sale of management rights for their development;

  • Advising on all related structuring and asset protection matters.

 

Pevy Lawyers is an active member of the Australian Resident Accommodation Managers Association, and is regularly consulted by industry professionals as to its views on both existing and proposed new legislation and government department policy. The firm’s commitment to the management rights industry is further demonstrated by its public pledge to never act for a body corporate or other party in a dispute against a resident manager.

 

Pevy Lawyers does not just act for the management rights industry.  It’s part of it.

 

Contact – Trent Pevy, Rebecca Griffiths, Kelsey Huebner

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