The decision for you or a family member to move out of the family home and into a retirement village can be daunting. You are moving from all that is familiar and starting a new chapter. It is something that you want to be seamless, stress free and without complication.
Before making a long term commitment to a retirement village, it is always wise to seek legal advice, especially if you have any confusion or are unsure of what your rights and obligations are. At Vaarzon-Morel we have expertise in the specialised area of retirement villages and other supported aged care accommodation arrangements.
When entering a retirement village, you should consider and get legal advice on the various methods of owning or residing a retirement unit and the legal pros and cons of each. These different options include license, long term lease and strata title ownership.
It is common for residents to get a surprise when they learn they are not automatically entitled to aged care facilities. Residents can also be shocked upon learning that, in many instances, retirement village arrangements involve long term leases where the village operators hold ownership up until the resident buys the right to occupy the home.
Other common concerns amongst those considering moving into or residing in a retirement village include:
- The provision of village services and facilities.
- The ‘extra’ and hidden fees of residing in a retirement village.
- The amount of money, which will be received, or the value of their estate when they leave.
- Fees payable upon leaving the village, including any refurbishment costs which you may be liable for on departing from the village.
Elderly people who reside in retirement villages can often benefit from seeking legal advice when disputes with the village operator arise. The legal team at Vaarzon-Morel can assist you in understanding documentation, and what your rights and the operator’s obligations are.