South Coast ARAMA members operate management rights or are associated with the management rights industry, and are proud members of ARAMA (NSW) Inc.

"Management rights" is a business that a resident manager conducts in a property that operates under body corporate, strata or community titles legislation. There are several parts of the 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.

The manager has a written caretaking contract with the body corporate or owners' corporation to provide caretaking services for the complex for an agreed salary and for an agreed time period.

The manager has a written authorisation from the body corporate or owner's corporation to operate a letting business for those investor owners who choose to use his services. To operate this business, he must hold the necessary agent's licence issued by the Office of Fair Trading and operate a trust account.

The manager has a written appointment from each owner for whom he acts, to provide the services of letting agent for his property.

The resident manager may operate in a holiday complex where most guests have short-term rentals or in a complex designed for long-term occupation by tenants and owner occupiers.