Owning and operating a management rights business can be a lucrative and fulfilling investment that provides financial and lifestyle benefits.
However, buying a management rights business is a not a small decision. The strata industry is a complex maze of laws, regulations and personalities.
This guide covers everything you need to know, from initial concepts and terms through to some of the more detailed queries you may come across throughout your purchase journey.
Give yourself the best chance of success by downloading our comprehensive Buyers Guide now.
There is no standard management rights business. There are different types of management rights you can undertake, often multiple elements to your business, and differing duties for each. This guide will break down all of these elements to help you better understand what you're signing up for.
Hynes Legal has acted on thousands of management rights transactions through our decades in practice. In this guide, we have covered answers to the most frequently asked questions from management rights buyers so you get your answers upfront.
There is a multitude of terminology used within the management rights industry that is foreign to many new buyers. From legalese to abbreviated terms, having a quick reference guide to help decipher information gives you a strong foundation for quickly navigating the purchasing process.
