Residents of over-50s estates win case against exit fees
Eighty-three people living in over-50s estates in Melbourne have taken on the ASX-listed company Lifestyle Communities, accusing it of charging exorbitant exit fees when they move out.
This week they won their case, a Victorian tribunal ordering the company to stop the practice. The decision will impact thousands.
Justice Ted Woodward also heard that some families had been forced to continue paying rent for their relatives after they had died.
Investigative reporter Adele Ferguson exposed the practice on 7.30 last year.
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