FAQs: As a resident, do I have any say in setting retirement village service and maintenance fees?
As a resident, you have a say in the running of a retirement village because Part 6 of the Retirement Villages Act makes provision for this. One provision enables the forming of a Resident Committee.
The Resident Committee’s level of influence (percentage of voting rights) over service and maintenance fees is determined by the contractual provisions of the retirement village.
The annual service and maintenance fees cannot exceed the Consumer Price Index (CPI) unless a majority of residents vote in favour.
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Retirement Villages in Victoria • Frequently Asked Questions
If you are interested in exploring the possibility of a move to a modern retirement village around Melbourne. Booking a tour at one of the RCA Villages around Melbourne can be a great place to start. Visit the website of the village in the region you would like to visit for contact details.
South East Melbourne
Ask about RCA Villages no deposit reservation process on new villas.