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Residential (Land Lease) Communities Regulation 

What is this about? 

A review of the Residential Parks Act 1998 was carried out as part of the NSW Government’s commitment to improve the governance of residential parks. The Government has decided to replace the Act with a totally new Act, including a new name, which responds better to the needs of both home owners and operators. The new Residential (Land Lease) Communities Act 2013 will replace the Residential Parks Act 1998 on 1 November 2015.

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What's happened so far? 

A Regulatory Impact Statement and a draft Regulation were released for comment in October 2014.

Comments closed on 30 January 2015.

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Features of the new Act 

The new Act introduces over 100 reforms to the existing laws including:

  • new arrangements for disclosure of information to prospective home owners
  • mandatory education requirements for all new operators
  • new rules of conduct for operators and sanctions for non-compliance
  • a community-based approach to dealing with increases to site fees
  • improved processes for making, amending and enforcing community rules
  • new rules to clarify and streamline the process for owners who wish to sell their homes on-site.

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Key dates 

The new Residential (Land Lease) Community laws will commence on 1 November 2015.

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Important documents 

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