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RETIREMENT VILLAGES ACT 1999 - SECT 31
Costs of preparation of village contracts
(1) Legal and other expenses incurred by the operator of a retirement village
in connection with the preparation of a village contract are payable by the
operator and the resident concerned in equal shares (except as provided by
section 30).
(2) The operator must provide the resident with a copy of any
account presented to the operator in respect of those expenses and the
resident is not required to make any such payment until the operator has done
so.
(3) The regulations may prescribe a maximum amount payable by a resident
for legal and other expenses incurred by the operator in connection with the
preparation of a village contract.
(4) If the regulations prescribe such a
maximum amount, any difference between the resident's share of the amount
incurred by the operator and the maximum amount prescribed is payable by the
operator.
(5) If a residence contract is in the form of a lease-- (a) duty
(if any) payable on the lease, and
(b) the registration fee (if the lease is
to be registered under the Real Property Act 1900 ),
is payable by the
resident.
(6) This section does not apply in respect of a contract for the
sale of residential premises that are subject to a community land scheme,
company title scheme or strata scheme.
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