In essence management rights are simply the right to provide caretaking and letting services within a community title scheme. Also known as a strata title scheme, a community title scheme is generally made up of a number of individually owned lots located within a defined development that encompasses areas of common property.
These schemes can include:
- High rise holiday buildings with swimming pools, gyms and tennis courts
- Inner city apartment blocks
- Suburban town house developments
- CBD short term stay apartments
- Student Accommodation
- Off the Plan