Issues for Intending Residents

This is a basic list in a wide ranging area and seeking expert legal advice will be time well spent, as will meeting current village residents:

  • Financial stability of the villages
  • Management background
  • Dependent sale status
  • Services agreement
  • Lifestyle issues such as car parking, pets and visitors
  • Departure fees calculation method and capped amount
  • Refund basis for prepaid rent
  • Refund of initial purchase monies regarding re-sale or commissions
  • Handling capital gain
  • Capital loss liabilities
  • Handling stamp duty
  • Maintenance fees
  • Liability for maintenance fees after vacating

Protecting your reputation starts with simplifying the complex. This handy checklist should quickly point you in the right direction and help you understand whether you have a case, and where to start to secure the best possible outocme.