Submission cover sheet
- Name of organisation or individual making this submission
- Authorised delegate/contact person
Questions on possible options
- Is the description of the ‘Sydney Metropolitan Area’ appropriate? If not, why not, and what areas should be included or excluded?
I think that the southern boundary is a bit restricted.. If Gosford on the Central Coast is considered metropolitan then maybe as far south as Wollongong should also be included.
- Are the proposals for appointing a valuer, to determine the value of the property, necessary and appropriate?
Yes all OK..
- Where residents wish to sell their residence on their own terms, under what circumstances should they be able to opt in or opt out of the exit entitlement provision?
- What issues should the Tribunal take into account when considering whether or not the operator has done everything in their power to enable the sale of a premises?
- Are there any additional circumstances the Tribunal should be able to take into account when considering a hardship application from an operator?
- Are there any other factors that could affect the setting of a ‘trigger point’?
I like the idea of "vacant possession" being the trigger point.
- Would any of the current provisions in Victoria and South Australia as set out in Appendix A (in the discussion paper), be of benefit to NSW residents of retirement villages?
DAP payments by the operator against later payouts would assist departing residents.
- Can you think of any other benefits or costs of this proposal? What are they?
- As with residents with a non-registered interest, should the ‘trigger’ to commence the 42-day period begin when the resident permanently vacates the premises?
- Should one or both of the proposals be ‘grandfathered’? If not, please provide your reasons.
Grandfathering is a fair outcome for operators because of existing contracts that were voluntarily entered by both parties. However I think that unlimited time frames is most unfair to former residents. I would like to see the grandfathering provisions for existing contracts limited with perhaps a 12 month limit on paying recurrent charges and exit fees.
- Please provide any further comments on the reforms.