In a nutshell, the Bill brings in a range of changes that are designed to provide better assurance and protection to current and future residents of retirement villages, including changes to exit fee and unit resale arrangements. ...
News tagged with Retirement Villages
Seniors’ peak organisation COTA Queensland has welcomed the Palaszczuk Government’s announcement to strengthen consumer protection for seniors living in retirement villages.
COTA Queensland Chief Executive Mark Tucker-Evans said older Queenslanders required simple standard contracts that clearly set out fees, dispute resolution processes and exit fees to enable them to make well-informed decisions prior to entering retirement village living.
“Currently many people become Retirement Village residents without fully understanding that they don’t have the same controls they would … Read the rest...
WE’D LIKE TO HEAR FROM YOU IF YOU LIVE IN A RETIREMENT VILLAGE IN QUEENSLAND?
The Queensland Government is reviewing Retirement Villages legislation and COTA is
seeking your views, concerns, questions if you live in a retirement village.
Last year COTA made a submission to the Queensland Government’s review of Retirement Villages in this State. We highlighted problems with the Public Information Document and residence contracts and pointed out that these documents need to be in plain English and in … Read the rest...