4 days ago
Lifestyle Communities appeals exit fee ruling
Land lease operator Lifestyle Communities has announced it will appeal a landmark legal victory by residents who accused the company of charging hefty exit fees, as well as continuing to charge fees after residents died.
The victory was handed to more than 80 residents of a retirement community in Wollert, in Melbourne's outer north.
Guest: Sam Hooper, SC
Sam Hooper, SC
Producer: Eddy Diamond
Lifestyle Communities statement:
Lifestyle Communities CEO Henry Ruiz said the company takes its compliance obligations very seriously and has sought legal advice at various stages of its history to ensure contracts are compliant with all relevant legislation. He said the company was disappointed with the outcome.
Full statement here.
