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Retirement villages - legal issues presentation

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.

Author profile:

Trevor EDMOND
Current at 28 May 2009 Click here to expand/collapse more articles by Trevor EDMOND.
 

This was presented at Tax Issues in Building and Operating Retirement Villages .

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