" In the end the prospective resident signs the documents in good faith and hopes that the village owner/developer has acted in good faith also. "
Many residents in retirement villages around Australia in 2017 would relate to the statement made by Mr. Robert Boyne to the House of Representatives Standing Committee enquiry into Older People and the Law way back in 2007.
Mr. Boyne advised the committee, " In the end the prospective resident signs the documents in good faith and hopes that the village owner/developer has acted in good faith also. "
Given the recent revelations highlighted on the ABC 4 Corners program and in the Sydney Morning Herald and Age newspapers, village residents could be forgiven for feeling that this 'act in good faith' by the residents through the years 2007 to 2017 has not been matched by village owners/developers in a multitude of cases.
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