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