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RETIREMENT VILLAGES ACT 1999 - SECT 64 Units not sold within 6 months

RETIREMENT VILLAGES ACT 1999 - SECT 64

Units not sold within 6 months

64 Units not sold within 6 months

(1) This section applies if—
(a) a former resident’s right to reside in a particular accommodation unit is not sold within 6 months after the termination date; and
(b) the former resident has not been paid an exit entitlement under section 63 .
(2) The former resident may engage a real estate agent to effect the sale of the right to reside in the accommodation unit.
(3) This section does not apply if the former resident’s right to reside in the retirement village was terminated under section 53 (3) (d) .