Mahoneys’ Senior Associate Will Kenny was recently featured in Resort News – the magazine for the accommodation industry professional – where he discussed an increasing trend of bodies corporate seeking to change the module from Accommodation to Standard – which has the potential effect of reducing the length of the management rights agreement from 25 years to 10. Specifically, he covered:

• how a body corporate can change the module;
• the consequences of a change in the module; and
• what the manager can do to prevent the change.

You can read the full article here.

Mahoneys is one of Australia’s leading management rights law firms, with a team of industry-leading lawyers, that has supported the management rights industry for over 20 years.

The firm, and it’s lawyers, have been recognised:

• in Doyle’s Guide to the Australian Legal Market and Best Lawyers in Australia for Property Law; and
• at the recent ARAMA – Australian Resident Accommodation Managers Association – awards, being named Service Provider of the Year.

Feel free to contact our dedicated management rights team if you need assistance buying, selling or running a management rights business (including a bodies corporate attempt to change the module).

Written by Will Kenny

Back to articles