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Lifetime Occupancy Agreement
"I need a Lifetime Occupancy Agreement for our new retirement village in Brisbane, with specific provisions for additional healthcare services and community facilities, planned to commence operations in March 2025."
1. Parties: Identification of the property owner/operator and the resident(s), including their full legal names and contact details
2. Background: Context of the agreement, including property details and the nature of the occupancy right being granted
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of Occupancy: The formal grant of the lifetime occupancy right and its nature
5. Duration and Nature of Occupancy: Confirmation of the lifetime nature of the occupancy and any relevant conditions
6. Financial Terms: Details of all financial obligations including entry contribution, ongoing fees, and maintenance charges
7. Rights and Obligations of the Resident: Comprehensive list of resident's rights and responsibilities
8. Rights and Obligations of the Owner: Comprehensive list of owner's rights and responsibilities
9. Maintenance and Repairs: Responsibilities for property maintenance, repairs, and improvements
10. Insurance and Liability: Insurance requirements and allocation of liability between parties
11. Termination: Circumstances under which the agreement can be terminated and the process
12. Exit Arrangements: Process for ending the occupancy, including refund calculations and timeframes
13. Dispute Resolution: Process for resolving disputes between parties
14. General Provisions: Standard legal provisions including governing law, notices, and amendment procedures
1. Services and Facilities: Details of additional services provided, used when the agreement includes service provision
2. Community Rules: Specific rules for community living, included when the property is part of a larger community
3. Care Services: Details of any care services provided, included when care services are part of the agreement
4. Visitors and Guests: Rules regarding visitors and temporary guests, included when specific restrictions are needed
5. Pet Provisions: Rules regarding pet ownership, included when pets are allowed or need specific regulation
6. Common Property Use: Rules for use of common areas, included when property is part of a larger complex
7. Emergency Procedures: Specific emergency protocols, included when special procedures are required
8. Special Conditions: Any unique conditions specific to the particular agreement or resident
1. Property Description: Detailed description of the property including floor plan and fixtures
2. Financial Schedule: Detailed breakdown of all fees, charges, and calculation methods
3. Condition Report: Detailed report on the condition of the property at commencement
4. Services Schedule: Detailed list and description of all services provided
5. Resident Rules and Regulations: Comprehensive community or facility rules
6. Maintenance Schedule: Detailed breakdown of maintenance responsibilities
7. Exit Entitlement Calculation: Detailed methodology for calculating exit entitlements
8. Emergency Contacts: List of emergency contacts and procedures
Authors
Approved Care Provider
Business Day
Commencement Date
Common Areas
Community Rules
Departure Fee
Emergency
Entry Contribution
Exit Entitlement
Fixtures and Fittings
General Services
Governing Law
Guarantor
Ingoing Contribution
Initial Condition Report
Maintenance Fee
Manager
Occupancy Right
Operator
Optional Services
Owner
Permanent Vacation
Personal Services
Premises
Property
Recurrent Charges
Refurbishment
Resident
Resident's Representative
Service Provider
Special Conditions
Termination Date
Utilities
Village
Village Manager
Village Rules
Visitors
Grant of Occupancy
Term and Duration
Financial Obligations
Entry Contribution
Recurrent Charges
Maintenance and Repairs
Resident Rights and Obligations
Operator Rights and Obligations
Use of Premises
Common Areas
Services Provision
Insurance
Health and Safety
Emergency Procedures
Alterations and Improvements
Visitors and Guests
Pet Provisions
Transfer of Occupancy
Exit Entitlements
Termination
Force Majeure
Dispute Resolution
Notices
Governing Law
Assignment and Delegation
Variation
Severability
Entire Agreement
Confidentiality
Indemnification
Compliance with Laws
Personal Property
Death of Resident
Representatives and Powers of Attorney
Retirement Living
Aged Care
Real Estate
Property Management
Healthcare
Legal Services
Social Services
Residential Services
Legal
Property Management
Operations
Resident Services
Compliance
Risk Management
Customer Service
Sales
Administration
Facilities Management
Property Manager
Retirement Village Manager
Legal Counsel
Aged Care Facility Manager
Operations Director
Compliance Officer
Senior Living Coordinator
Resident Services Manager
Contract Administrator
Real Estate Manager
Facility Manager
Risk Manager
Senior Care Coordinator
Customer Service Manager
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