Deferred Management Fee Reducing Refundable Amount

In the initial years of occupancy the deferred management fee has a reducing refundable component each year until $0 over the deferred fee period.

In the iniital years of occupancy the deferred management fee, a component of the in-going amount paid prior to occupancy, has a reducing refundable amount until it reaches zero at the end of the deferred fee period. From this point only the second component of the in-going amount (the interest free loan to the operator) is due for repayment but only on departure. Contracts with the deferred management fee calculated on the exit price simply drive this refundable amount on departure even lower.

Take this link for further details on the Retirement Village Deferred Management Fee .