I have a question about a manager asking for an extension to the "management agreement". This would give them another 5 years lease for nothing. Would there be any advantage for the owners?
I am an owner of a unit in a Qld Resort in Noosaville. Our body corporate agrees to extend the caretaking agreement and the letting agreement for another 5 years if the owners vote yes to the motion. Am I missing something here? The caretakers had a (free) 5 year extension a few years ago - to help sell the management rights, which never actually happened. The asset value of the caretaking (resort management) rights would increase when the 5 year option was granted.
In Queensland, can the Body Corporate buy it’s own Building Management rights?
We could then employ a caretaker. I have heard there is an issue that might tangle us up relating to the use of the apartment that comes bundled with those rights. What are the considerations please?
Our body corporate here on the Gold Coast has a 25 year Caretakers Agreement. Other than the monthly payments on the income and expenditure report, no other information is shown on the Balance Sheet or Notes.
Our BC believes we meet all the requirements of Section 130 to enable us to review the remuneration payable under our caretaking and letting agreement. Can you please clarify, that if the remuneration is not deemed fair and reasonable, but the caretaker won't agree to any changes in the agreement, what our next steps would be?
We own permanent management rights in QLD. Our agreement says we are to reside onsite however we wonder if this is more of a 'you choose to live onsite however you don’t have to'.
Has there been a change to onsite living?
We are thinking of putting a caretaker into the supplied unit for free rent in return for being on call from 5pm to 8am and we will live off site.
We can’t separate the office and the residence as we use the garage for our office.
Should this be possible? What would we have to do to set up this arrangement?
Our caretaker has been a thorn in the side of many committees over the years. He has been allowed to run his own race and do as he pleases without any committee approval. He threatens committee members with lawsuits If they challenge him.
He has erected fences on the common property to segregate his space, has built a deck on his assumed property and has installed 5 air conditioning units sitting on common property.
He is aware he is required to ask committee approval for any changes but ignores this and goes ahead anyway.
We are caretakers for a body corporate in SEQ. We have outgrown our current on site premises and wish to move into a bigger dwelling close by. It is a condition of our contract that the caretaker must live on site. How do we go about removing this from clause our agreement?