Another failed attempt to terminate a management rights agreement | Owners Corporation Network

Another failed attempt to terminate a management rights agreement

The Reserve is one of three large buildings in the one management rights portfolio at Varsity Lakes on the Gold Coast.  It has been a very large enterprise from the day it was built so it is safe to say the collective value of the management rights enterprise is in the millions. Every management rights agreement is different.  There are a few more standard ones you see around and about (one of which is ours), but you can never take for granted that the one you are looking at is the same as the next one (even if drafted by the same firm) because they all might have had slightly different ingredients when first drafted or later amended.
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