South Australian Current Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

RETIREMENT VILLAGES ACT 2016 - SECT 32

32—Rights in relation to remarketing

If—

            (a)         a residence contract includes conditions that make the payment of an exit entitlement, or any part of an exit entitlement, contingent on the subsequent sale of a right of occupation of the premises; and

            (b)         a period of 9 months has elapsed since the resident

                  (i)         ceased to reside in the retirement village; or

                  (ii)         gave the operator a notice in accordance with section 27(3) (being a notice that has not since been withdrawn in accordance with section 27(4)(b)),

the resident (or a person claiming under the resident) is entitled to participate in the remarketing of the premises in accordance with the prescribed scheme.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback