Published on 07 Sep 05
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
Topics covered in this presentation include:
- statutory obligations under retirement villages acts
- drafting resident agreements
- loan / licence versus lease premium
- recurring charges - deferred management fees
- trust funds - sinking funds and capital replacement funds
- legal issues for sale and purchase
- assignment of resident liabilities on sale
- practical legal issues for transitional rules
- stamp duty - sale and purchase.
Current at 28 May 2009
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