Acquiring a letting licence for management rights
You’ll need a licence to manage and let residential lots within the building or complex that you manage. The Queensland licence is called a Resident Letting Agent licence.
You must also have an agreement with your body corporate to operate a letting business, before you can get the relevant licence.
When you acquire management rights, you must apply for a licence that allows you to manage lots within your scheme and collect the rent. In Queensland, the REIQ and TAFE colleges offer accredited courses for this qualification. If you can’t attend classes, you can take an accredited course by distance learning (correspondence).
This is not difficult to obtain and involves a 5 day course and examination. Australian Management Sales assists its clients with details, course times, locations etc.
You must also have an agreement with your body corporate to operate a letting business, before you can get the relevant licence.
When you acquire management rights, you must apply for a licence that allows you to manage lots within your scheme and collect the rent. In Queensland, the REIQ and TAFE colleges offer accredited courses for this qualification. If you can’t attend classes, you can take an accredited course by distance learning (correspondence).
This is not difficult to obtain and involves a 5 day course and examination. Australian Management Sales assists its clients with details, course times, locations etc.