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
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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.