Q. Will I ‘own’ my Serviced Apartment in a retirement village?
A. Serviced Apartment agreements tend to be different to other real estate agreements — some are set up on a Strata Title whereas others may be on a Loan Lease or Loan & Licence. Whichever the system you will have full protection under State legislation, but please seek independent advice if you are unsure about any aspect of the agreement.
Q. Can we have guests stay with us?
A. Of course! This is your home. Friends and family are very welcome to stay with you in your Apartment for a limited time and use the communal facilities, provided they don’t disrupt other residents.