A Caretakers Agreement sets out the list of duties which the caretaker is required to undertake in respect of the common property.
The care-taking agreement is the most common way that a body corporate discharges its obligations under the Body Corporate and Community Management Act (“BCCMA”) for repair and maintenance of the common property. The care-taking agreement, as its main function, makes provision for care-taking services to be provided by the caretaker to the common property. The caretaker is paid a remuneration fixed under the care-taking agreement for the provision of the care-taking services.
The care-taking agreement is usually the single most expensive item in the annual budget for a body corporate. Disputes that arise between the body corporate and managers often relate to issues about the performance of caretaking duties.
Common service provide for past clients
Advice on length of management rights
Legal due diligence for the transfer of management rights
Challenging unlawful management rights agreements