Advising bodies corporate on management rights matters

Management rights agreements always have the body corporate as a party to them.  This means that when the current manager wants to sell, they need the consent of the body corporate to that.

A body corporate cannot unreasonably withhold consent to an assignment, and the process is dictated by the relevant Regulation Module and what the management rights agreements say.

We have acted in thousands of management rights assignments for both bodies corporate and the sellers and buyers of management rights businesses.  We know what you need to know and the hurdles that need to be overcome – or otherwise managed.

You can read a lot more about this in the free guide we have published here.

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