Three key elements for owning and operating Management Rights

1. Caretaker agreement

Your task is taking care and maintain the common area of the complex or building. This may include the gardens in common area, facilities such as swimming pool or BBQ, or supervision of work carried out in common areas. You provide the management service, and your salary is usually paid by monthly. The salary also will be reviewed every year, usually will increase according to the agreement.

2. Letting agreement

You will manage the rental property on behalf of the individual owner. Individual property owners will pay commissions and management fees to you to ensure that rental property in good condition, and give a good rental return.

3. Manager Unit

Purchase of Management Right, you will also have a manager unit. Manager unit usually will have an office or reception area and more storage space.

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