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PROPERTY LAW & CONVEYANCING

Retirement Villages

Thinking of retirement? Or down-sizing?

Retirement villages are becoming a popular option for those who are able to care for themselves but want comfort and security where some care services are available if needed.

Retirement villages operate differently to a normal residential conveyance or lease. It is an agreement established between the residents and the retirement village managers.

Essentially the individual or couple will occupy the premises and will pay a substantial bond at the commencement of the occupation. The managers of the retirement village will deduct an amount at regular intervals for the purposes of rent and maintenance. When the resident/s wishes to terminate the agreement, or the resident/s has passed away, the remaining balance will be given to the resident/s or the estate of the resident.

Lead by Tom Ellicott, the team at ALG has reviewed many retirement village agreements and can offer professional and expert advice on your obligations and rights under the agreement. Tom has an extensive knowledge in the area of Property Law and can assist you in the review and execution of such agreements.

Areas of Expertise

Overview

Conveyancing / Buying & Selling Property

Building & Construction Law

Leasing

Property Development

Retirement Villages

Self Managed Superannuation Funds

Strata Title

ALG, Trusted Lawyers and Solicitors

We problem solve and protect over 500 customers. Our clients come from all walks of life. They are business owners and operators,
individuals, families and seniors. Having a multidisciplinary team means we’re a one-stop shop for all your legal needs. We’ve got more than 30 people working in our law firm, providing practical affordable legal services to customers in the Illawarra Shoalhaven and Greater Sydney.

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