As a resident, do I have a say in the management of the retirement village?
Yes. Part 6 of the Retirement Villages Act 1986 (Vic) makes provision for residents to attend Annual Meetings, form resident committees to represent the interests of residents, and hold voting rights when decisions impacting the majority of residents need to made. If there is an owners corporation, the owners corporation has the same powers as a Resident Committee. The contract provisions will determine the voting rights ratio of owners and the Resident Committee.