Pets and Management Rights
15 October 09Management Rights presents most couples and families with the ideal opportunity to live and work together from home. These elements are so attractive many families resolve to make the transition with little thought given to the smallest family member, the pet.
A common assumption is the pet can automatically come along with the family to the new life as a resident managers. In some cases with particular complexes this may be the case, that is, if you have a pet friendly complex, but in most situations the agreement with the Body Corporate has an allowance for a pet but it is only with approval by the Body Corporate Commitee.
What does this mean for you? When looking to purchase your Management Rights it is important to ask the broker to provide evidence (written in the agreements) of the pet approval conditions. Though it is typical to find the Resident Manager is given special consideration in regards to the keeping of a small dog or cat, however it is still important for you to be aware of the risks involved when signing a contract which is subject to the approval given by the Body Corporate comittee.
Do you homework and double check your options with your lawyer on ways forward to ensure you and your pet are happy in your new Management Rights purchase.
If you are uncertain with any aspect of your pending purchase don't hesitate to contact us, we are more than willing to put you infront of specialists within the industry to ensure your buying experience is enjoyable.
I look forward to hearing from you soon,
Monty Van Dyk
0413 770 636
email me at: monty.vandyk@kapitolbrokers.com.au
you can visit our website at www.kapitolbrokers.com.au
