​1. What is a Occupation Right Agreement?

​A Occupation Right Agreement entitles a resident to occupy a villa or apartment for their and their spouse’s lifetime (subject to certain rights of termination detailed in the Agreement together with the right to use buildings and facilities intended for common use.

​2. Who qualifies as a resident?

  1. You must be 55 years of age or older.
  2. At the time of purchase of an Occupation Right Agreement you must be in good health.
  3. In certain circumstances i.e; ill health or breach of the terms of your Agreement the Management has the option to re-purchase your unit.

​3. How do I apply for an Occupation Right Agreement?

You complete the application form and hand it to the Village Manager at 82 Richmond Street, Thames together with a deposit of 10%.

​4. What costs will I pay?

  1. The purchase price of your villa/apartment.
  2. The weekly fee – at present set at $115 per week
  3. Your own personal expenses – e.g. food, power, contents Insurance.
  4. The Amenities Contribution.

​5. What is the Amenities Contribution?

This is a fee that finances the maintenance of the Village costs that are not covered by the weekly fee. It accrues at the rate of 10% per annum over three years to a maximum of 30% of your Occupation Right Agreement payment. It accrues during the residency but only becomes payable when your Occupation Right Agreement fee is refunded (on the re-licensing of your villa/apartment).

​6. What does my weekly fee cover?

  1. Rates, levies and fees payable to any Government, territorial or local authority.
  2. Water, gas, electricity, telephones and other utilities or services in relation to the common areas and Facilities.
  3. Insurance premiums and associated valuation fees.
  4. Salaries, wages and other remuneration of persons engaged in the management and operation of the Village.
  5. Costs of providing security, cleaning, gardening and other services for the general use and benefit of the residents.
  6. Costs of maintenance and repair of all buildings, common are as and the Village generally.
  7. 24 hour monitoring.
  8. Fees and expenses of the Scheme Supervisor and Auditor.
  9. Reasonable depreciation of chattels comprised in the common area.

​7. Can I have friends and family to stay?

Yes, your villa/apartment is your home and you most certainly can have them stay or visit with you, and providing you are with them we would like you to look on the Community Centre as an extension of your home.

​8. What security do I have?

  1. Bupa 24 hour monitoring – covers Ambulance, Police, Fire.
  2. We have 24 hour security camera surveillance.

​9. What are my rights?

The Residents are encouraged to form their own Committee and regular meetings will be held with the Covenant Trustee Company (your representative) and Management to discuss any issues that may have arisen. Residents are welcome at the office anytime to discuss anything that is of concern to them. The Retirement Village Association Code of Practice is available for viewing at the office.

​10. Can I have a garden?

Yes, if you are a keen gardener we will do our best to cater to your requirements. If at a later stage you are not able to look after the garden, Management would take over the maintenance.

​11. Can I have a pet?

Yes, you can bring your existing cat/caged bird/small dog at the Management’s written discretion.

​12. Courtesy Van?

Management has purchased a van and it is used for regular shopping trips and outings.

​13. Can I have a double garage?

Unfortunately there are only a few Villas with double garaging .
We love our piece of paradise and would be delighted to share it with you. If we can help at all, answer any queries or you would like to give us the opportunity to show you around, we would love to hear from you — or simply stay in touch until you are ready to make your decision.

If you would like to talk to one of our team, please feel free to contact us.

​82 Richmond Street Thames
Freephone: 0800 868 5484
Office: (07) 868 5484
Mobile: 027 279 4603
Fax: (07) 868 5484
Under the Retirement Villages Code of Practice 2008 there is a Code of Conduct for Management and a Code of Resident's Rights. These are available for viewing at the Office.
​
Click here to visit the Retirement Villages Association website where you will find further details, including Codes of Practice.