Retirement villages: 97-year-old challenging contracts
Unfair practices ... Keith Parsons claims the system, including contracts, management rules and his 30% exit fee, is so complex that it tips the balance in favour of developers over residents.
ABC story at
http://www.abc.net.au/news/2016-11-27/wa-aged-care-activist-on-retirement-villages/8060616
Does anyone here have personal experiences like Keith's?
Or advice to offer?
5 comments
5 comments
Yes I have, to both RnR. Don't let anybody close to you even consider buying into a retirement village on the East Coast of Australia. Speaking in general, they are the greatest legal rip off in the Country.