Tuesday, September 22, 2020

Body Corporate And Community Management Act 1997

Chapter 3
Part 2
Division 8
Section 144

Terms of service contract on transfer | Section 144

(1)This section applies to a service contract (the transferred service contract) transferred to a person (the transferee) under section 141 or 143.

(2)Unless the body corporate and transferee agree otherwise, the terms of the transferred service contract are—

(a)the terms applying to the service contract under subsection (3); or

(b)if paragraph (a) does not apply—the terms applying to the service contract immediately before the transfer (the existing terms).

(3)The terms of the transferred service contract are the existing terms as changed under a review advice about the contract if—

(a)the review advice states how the contract’s reviewable terms should be changed to ensure they are fair and reasonable; and

(b)the body corporate gave the letting agent a copy of the review advice as required under section 149(1).

© Sourced from the Queensland Legislation website at 1 April 2020. For the latest information on Queensland Government legislation please go to https://www.legislation.qld.gov.au.

Disclaimer: Reproduced from the Body Corporate and Community Management Act 1997. This website does not give legal advice or other professional advice. You should seek legal or other professional advice before acting and not rely on any of the content on this website.

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