As Australia’s population continues to age, we are seeing an increasing number of retirement villages being built to cope with the growing number of people looking for additional services or support in their senior years. Unfortunately, the contracts for the purchase of a retirement village unit or house can be very complicated with numerous conditions and special clauses.
If you are an individual thinking of moving into a retirement village you need to ensure that you are fully aware of the contents of your contract and that you understand your rights and obligations – before signing. At Coleman Greig we have considerable experience in the field and our expert property lawyers can explain the contract clearly, in plain English, so that you know exactly what you are buying into.
Likewise, if you are a property developer in the aged care market we can provide expert advice and assistance at all stages of the project, from the building and development application through to drafting the contract of sale.
We can help you with:
- Providing plain English advice on the conditions and their implications
- Negotiating terms and conditions
- Managing the settlement process
For more information or to make an appointment at our Parramatta or Norwest offices, contact:
+61 2 9895 9200
Retirement Living - Our Clients
Buying into a retirement village can be fraught with potential pitfalls and traps for purchasers because of the complex legislation and regulations that apply. At Coleman Greig, our property lawyers can provide expert advice to anyone looking to purchase in a retirement village or their families, as well as providing advice to the village owners regarding contracts and the negotiation of terms and conditions.