Living Blog
A deferred management fee—also called a departure fee—covers any expenses incurred by a retirement community during your residency, and is charged when you move out. When you sell your unit, the community deducts this fee from the sale price.
The services it covers vary by community but can include:
- Refurbishing your unit after you leave
- Marketing your former unit for sale
- Legal fees to re-licence your former unit
- Communal area maintenance
Your community usually calculates this fee by multiplying a percentage of your purchase price by how many years you lived in the unit. In most cases,...
Is domestic violence only physical?
When many people think of domestic violence, their mind immediately goes to the Hollywood stereotype of a brutish man being violent towards his wife. Although physical violence is the biggest...
Understanding retirement contracts and village ownership
For many Australians, retirement means a change in their pace of life. This may come with the decision to downsize your home with the option of moving into a retirement or lifestyle village.
Domestic violence: what to do if your child is in an abusive relationship
There’s no love stronger than the one a parent feels for their child, so facing the possibility of your child experiencing any kind of abuse is distressing.
Better Living Report - Episode 1
For our first episode of the Better Living Report, we talk to Amelia Brayley our Family Law Solicitor here at East Coast, about some of the common questions asked by our clients going through a...
Retirement Village Eight Point Plan: what is it and how does it affect me?
More than 180,000 senior Australians now live in retirement villages, which offer convenience and economic advantages when downsizing from a family home. However, stories in recent years of...
Family violence and Family Dispute Resolution: what is it and do I need it?
Divorce and separation can be a difficult time, especially if children are involved.
Questions you should be asking before choosing a lifestyle village
If you’re looking forward to retirement, you might want to consider downsizing and moving to a lifestyle village to make life easier. After all, lifestyle villages aren’t just for the frail...
Family violence and children: Common questions answered
Domestic violence (DV) presents so many challenges because it often hides inside a seemingly blissful family portrait. Victims often feel conflicting emotions, since this violence comes from...
5 affordable ways to get into the property market faster
For many, the Australian dream is to buy a home on a quarter-acre block. Whether you want to do this for stability, for your family or because it makes financial sense.However, with house prices...
