Emil Ford Lawyers report they have been successful in assisting a client to recover overpaid entry fees charged by a retirement village.

The NSW Retirement Villages Act says that a retirement village contract must be in a standard form. It also imposes a cap of $200 on the amount that a retirement village operator can ask the incoming resident to contribute to the operator’s costs of preparation of the retirement village contract.

Subscribe to our fortnightly newsletter

Our fortnightly newsletter brings you all the tips and tricks you need for a successful retirement, covering everything from finances and property, to health and happiness. Get prepared and sign up here.