Management Rights

Management Rights: That body of rights which are not the subject of a collective bargaining agreement. These rights may include staffing, classification, work etc.

This is simply the rights to manage a particular property – usually a strata building, on behalf of the individual owners.

The Manager must live on site in an apartment generally located off the reception area.

The Manager gets a Body Corporate fee for maintaining the property and commissions for lettings in the case of holiday apartments.