Resort Management Sales Industry Blog

The pool safety register is now available to pool owners to register their pool. The register also allows you to search for properties with swimming pools, and find a licensed Queensland pool safety inspector. The register is available online through the Smart electronic Development Assessment (Smart eDA) .  For more information on pool safety laws and to register your pool now visit www.dip.qld.gov.au/poolsafety . 

On 1 December 2010 a new ‘Pool Safety Certificate’ disclosure regime was introduced in Queensland. The new rules commenced on 1 December 2010 with disclosure obligations applying immediately for all contracts where the property sold includes a pool (which includes lots in a body corporate). The primary effect of these laws in relation to the sale of management rights relates to disclosure within the lot contract. The changes have brought about a new contract for sale of residential lot in a CTS. The relevant contract is now the 4th addition. The new contract includes specific reference to the pool disclosures. The contract differentiates between a non-shared pool and a shared pool. A shared pool is a pool on common property for use by residents while a non-shared pool in a body corporate would be a private pool forming part of a lot in a body corporate. In most cases a scheme which includes management rights will have a shared pool. For co...

The answer can be found from 1. Your management rights agreements You will need to review how you own the management rights business. You might own the business in your own names, as a company, a trust which has either an individual or a corporate trustee. Some agreements state that where a company or trust owns a management rights business that a director or beneficiary needs to reside on site while some don’t. Each management rights agreement is different. There is a potential impact on your ownership situation. You might own the business in your own names or as a company or a trust could have ownership with individual or corporate trustees. Some agreements provide that where a company owns a management rights business that a director needs to reside on site while some don’t. Whichever situation you are in, there is no hard and fast rule ...

At the heart of Real Estate Institute of Queensland (REIQ) accreditation is the REIQ Standards of Business Practice and Continuing Professional Development (CPD) training, which provides the industry with education and support to uphold these Standards. In 2005, the REIQ introduced its CPD training which mandated that all licensees-in-charge and responsible officers of accredited agencies undertake annual training to remain accredited, and to ensure the highest standards of business practice. New agencies are required to undertake core training about the REIQ’s Standards of Business Practice before accreditation is granted. The REIQ Standards of Business Practice are in addition to the statutory Codes of Conduct contained in the Property Agents and Motor Dealers Act. The REIQ has undertaken through its arbitration and tribunal practices to accept consumer complaints about any accredited member agency who does not uphold the REIQ Standards of Business Practice.  This pro...