About ARAMA
ARAMA is the peak
industry body supporting resident managers who
operate a management rights business in strata and
community management properties.
There are several parts of the management rights
business. The resident manager:
- owns a
unit in the building as well as owning the
business. Hence he has a financial interest in
the scheme and conducts his business from the
site.
- has a
written authorisation from the owners’
corporation to operate a letting business. To
operate this business, he must hold the
necessary agent’s licence issued by the Office
of Fair Trading and operate a trust account.
- has a
written caretaking contract with the owners’
corporation to provide caretaking services for
the complex for an agreed salary and for an
agreed time period.
- has a
written appointment from each owner for whom he
acts, to provide the services of letting agent
for his property. As letting agent, he works to
provide a harmonious environment for all
occupants.
-
manager works
closely with the executive committee and strata
manager to monitor observance of by-laws,
identify building and equipment items needing
attention and ensuring all workplace health and
safety requirements are satisfied.
ARAMA works closely with members and stakeholders to
provide advice and identify strata legislation
matters that need review.
The resident manager may operate
within the tourism industry for short-term occupancy
guests
or in a complex designed for long-term occupation by
tenants and owner occupiers.
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The brochure
"Management Rights and the Resident Manager"
(click
here) provides a
brief overview of the features of management
rights and how they operate in complexes
zoned for long-term occupancy. The
brochure outlines the benefits provided for
owners and for all stakeholders.
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Aims & Objectives
- Promote the concept of
owner operated Management Rights as the most
effective method of serving the interests of
unit owners, owners corporations, tourists and
tenants.
- Provide the necessary
lobbying, submissions and representation
required for all legislations covering strata
and community living and particularly the
protection of management rights.
- Promote the tourist
industry generally and specifically the letting
of units within buildings on behalf of owners.
- Keep members informed of
industry developments and activities.
- Represent members on
relevant tourism and other professional bodies.
- Maintain a Code of Ethics
for members to enhance standards of operation
and behaviour within the industry.
- Provide a source of
regular bulletins, publications and media
releases concerning industry issues.
- Improve the professional
and educations standards within the industry
through effective training and licensing
requirements.
Constitution
The Constitution is available in PDF format. To load it, you will
need Acrobat Reader installed on your computer. To continue, please
click here.
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