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Retirement Village Leases

retirement village

Important Information

Moving into a retirement village is a significant decision that requires careful consideration and research. It is crucial to have all the necessary information available to make an informed decision. Fortunately, the NSW Government acknowledges the importance of this decision and has taken steps to make the process easier for potential residents. They have created a dedicated page on their website that contains valuable information regarding retirement villages in New South Wales. It covers everything from types of contracts to fees, and what to expect from retirement village living. You can visit this page by clicking on the following link: https://www.fairtrading.nsw.gov.au/housing-and-property/retirement-villages.

Should you have any questions or concerns, rest assured that the team at Hills Solicitors are ready to assist you. They have a dedicated and experienced team that can provide you with all the information you require to make the best decision for your retirement living, so please do not hesitate to contact them today.

Retirement Village - Learning Your Contract Conditions

If you’re considering entering into a retirement village contract or lease, it’s important to seek legal advice to ensure you understand your rights and obligations. At Hills Solicitors, we are here to assist you with understanding these complex legal documents and can advise you on whether the terms and conditions are in your best interests. We can help you with any disputes that may arise during your time in the retirement village and show you what to do should you wish to terminate your contract or lease.

Why Use A Solicitor?

There are a number of reasons why it is vital to consult a Solicitor before signing a contract or lease for a retirement village. First and foremost, it is essential to ensure you fully understand the terms and conditions of the agreement. A Solicitor can explain the details of the contract, such as whether you need to pay any fees if you decide to leave and whether you can make changes inside your premises.

It is also important to remember that retirement village contracts and leases are usually very complex documents. If you attempt to negotiate the terms of the agreement yourself, you may sign away rights and protections. A Solicitor can help you identify any potential risks that may negatively impact your finances and assist you with getting a fair deal.

Finally, it is worth noting that there is legislation in NSW that imposes restrictions and obligations on retirement village operators. A Solicitor can check the contract or lease to ensure it complies with all relevant legislation before you sign it.

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