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FAQ's

What questions should I ask about a village I am considering?

The Retirement Villages Act sets out a useful check list for prospective residents as follows:

  1. Discuss your decision to enter a retirement village with your family, friends, and other people who usually discuss important matters with you. 
  2. You should take all of the documents relating to the village to a legal practitioner who understands the financial implications of retirement village contracts. 
  3. Regarding life at the village itself, you should find out whether:
    1. the lifestyle of the village (including social activities and religion) meet your needs;
    2. the facilities at the village meet your present needs and whether they will meet what you expect will be your future needs;
    3. you have any say in the design, construction and furnishing of your unit if construction is not yet complete;
    4. the retirement village provides any nursing care, an emergency call system or other facilities specially designed for the elderly;
    5. you can be moved from the village or within the village without your consent, and if so, under what circumstances;
    6. your long term occupancy at the village is secure;
    7. the residents are actively involved in decisions concerning the level of maintenance and services provided and their cost, and how these fees are to be varied in the future. 
  4. You should also enquire about:
    1. pets, visitors, car parking and public transport;
    2. when you get access to your money after you leave the village;
    3. what system the village has for resolving disputes;
    4. what restrictions exist on the persons to whom you may sell your unit;
    5. the restrictions (if any) on your use of your unit and of the village facilities generally;
    6. what protection you have if the village is sold to an organisation that has management plans or philosophies that are inconsistent with the way in which the village you propose to enter is managed. 
  5. Compare the terms and amount of repayment of your in-going sum with other charges imposed on residents at the village, such as regular maintenance charges and any other extraordinary costs.
  6. Find out how you will have to adapt and alter your existing lifestyle to comply with the regulations and restrictions of life in the village. 
  7. If the community facilities of the village have yet to be built, find out what guarantee you have that they will be completed. 
  8. Find out whether the owner can terminate your occupancy at any time, and if so, under what circumstances. 
  9. If pensioner rebates are to be claimed by the owner or manager on your behalf, find out whether you will receive all the benefits of the rebates.

 

   
    

 

Village Life

Greenways residents are enjoying a regular pancake morning in the Community Centre. A gold coin donation was collected to assist the children’s ward at the Frankston Hospital. Read More…
 
One of the great advantages of living at Greenways Village is the ability to just lock the door and travel. The village staff take care of the day to day, looking after our home while we are away. Testimonials
 

Disclaimer

Greenways Village seeks to ensure that all content and information published at this Web site is current and accurate. The information at Greenwaysvillage.com.au does not in any way constitute legal or professional advice and Greenways Village cannot be held liable for actions arising from its use. In addition, Greenways Village cannot be held responsible for the contents of any externally linked pages.