For the latest episode of the Building Your Business podcast, Chris Lewis and Smiljan Jankovic are joined by guest: Vanessa Sciortino - Special Counsel, Nicholsons Solicitors.
Returning to the series following our March episode where we discussed legal and accounting issues affecting established Management Rights businesses, Smiljan and Vanessa provide their expertise on purchasing Management Rights "Off-the-Plan" and real life examples of the complexities which come with that process.
Throughout the episode, we explain what "Off-the-Plan" means, the key requirements for new caretaking & letting agreements, and what to lookout for in the purchase agreement from both a financial and legal perspective.
The Building Your Business podcast is also available on-demand via your preferred podcast streaming platform: Apple Podcasts, Spotify, and SoundCloud.