Maison Retirement

Is a departure fee payable to the operator of the Kelly Pines retirement village?

Yes.

• Any outstanding rent charges
• 7% of the Ingoing Contribution for each of the first 2 years of occupation then 4% for every year thereafter for the next 4 years to a maximum of 30% of the Ingoing Contribution

Do former residents and the operator share any capital gains (that is if the incoming resident pays a higher ingoing contribution/purchase price that the former resident)?

Yes, the percentage is 50%.of any capital gain

Do former residents and the operator share any capital loss (that is if the incoming resident pays a lower ingoing contribution/purchase price that the former resident)?

No.

Examples of payment on vacating the village can be obtained upon request.