Retirement Village Law Advice
Armstrong Lawyers has expertise in the area of Retirement Village Law and is available to provide legal advice and assistance to retirement villages and those seeking to enter into a retirement village.
As a firm which acts for a well known retirement village group, we ensure that all documents and agreements required to be submitted by a retirement village to prospective retirees are of excellent quality in their content, and compliant with all legislative updates and amendments.
A prospective retiree looking to enter into a retirement village can rest assured that he or she will be receiving advice and assistance from Armstrong Lawyers that is practical and easy to understand. Additionally, any documents or agreements a retiree is required to sign are comprehensively reviewed to ensure that they are compliant with all relevant and applicable legislation.
Recent Developments in Retirement Village Law
On 1 July 2014, the Retirement Villages Act 1986 (Vic) and Regulations were amended. In brief, the changes, create a new two stage process for disclosure by retirement villages to prospective retirees. This process includes providing a Fact Sheet, Resident Contract, Disclosure Statement and any Management Contracts and village rules and by-laws. The new regulations also specify the matters that must be included (and those that cannot be included) in a Residence Contract or a Management Contract.
Please click here for more information regarding the recent developments in Retirement Village Law.
We provide services in the following areas of Retirement Village Law:
Preparation of the following documents in the format approved by Consumer Affairs Victoria where applicable:
- Retirement Village Fact Sheet;
- Disclosure Statement;
- Residence Contract;
- Management Contract; and
- Retirement Village By-Laws and Rules.
Advice in relation to the Fact Sheet, Disclosure Statement, Residence Contract and Retirement Village By-Laws and Rules presented to a retiree looking to enter into a retirement village.
Assistance in negotiating any required amendments to a Residence Contract.
General advice in relation to Retirement Village Law as may be required, e.g. when payments must be made by a retirement village to a retiree at the time they exit from a retirement village.
Representing retirement villages and retirees in any disputes concerning compliances with:
- Residence Contracts;
- Management Contracts;
- Retirement Village By-Laws and Rules; and
- Repayment back of money upon the termination of a Residence Contract.