3 ways a Coulter Legal property lawyer can help you understand a retirement village contract

Retirement Village contracts can be cumbersome and difficult to understand. Before entering into a retirement village contract it should be reviewed but a law firm such as Coulter Legal.

Here are 3 examples of where Coulter Legal can assist:

1. Entry Fee – this is often (but not always) in the form of an interest free loan to the village which is then paid back to you, less significant deductions, when your agreement with the village ends;
2. Ongoing costs during occupation – there will be service fees and other costs payable while your agreement with the village is on foot; and
3. Exit Fees – when your agreement with the village ends you will usually be entitled to a payment from the village, which will usually be significantly less than you paid on entry.

Coulter Legal is here to help. Call us today.