For example, obtaining home help or handyperson help, or moving to a smaller unit in the same neighbourhood. It is a good idea to talk to existing residents of the village about how they find life there. Before you sign Now that you have decided to move into a retirement village, here are a few things to consider before you sign a contract. You should make yourself aware of the financial arrangements pertaining to the village of your choice. This should be included in the information provided by the village administering body before you sign a contract.
Contracts are legally binding documents.
It is important to take the time to understand the contract and be sure you agree to all the terms and conditions. You should check that any verbal agreements or claims made by salespeople are written into the contract. It also sets out the rights and responsibilities of residents and administering bodies of retirement villages. A copy of every contract required to be entered into in order to reside in the retirement village and details of any costs associated with entering into each of those contracts. Questions should be fully answered without reference to any other source.