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Disclosure Statement as at 26 July 2019 Retirement Villages Act 1999, section 18(3A) This disclosure statement is required to be given to you at least 14 days before you enter into a village contract.
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Understand the regulations and laws related to operating a retirement village
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Hire qualified staff to manage the day-to-day operations and provide services to residents
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Set up systems for managing resident contracts, payments, and services
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Individuals looking for a retirement community that offers independent living with access to amenities and services
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Operating a retirement village involves managing and overseeing housing or accommodation for elderly residents, providing them with services and facilities tailored to their needs.
Owners, managers, or operators of retirement villages are required to file operating reports.
To fill out an operating report for a retirement village, one must provide information on financial performance, occupancy rates, maintenance activities, and any complaints or incidents.
The purpose of operating a retirement village is to ensure the well-being and safety of elderly residents, while also maintaining the financial sustainability of the facility.
Information such as financial statements, occupancy rates, maintenance schedules, and any incidents or complaints must be reported on operating a retirement village.
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