Cap service charge on retirement village properties during resale period.
We urge the government to limit the period that service charges might apply on retirement village properties, based on fees due over a period of time considered reasonable for resale (e.g. 6 months).
Signatures
6
signatures
Government response threshold (10,000) · 6/10,000
Debate threshold (100,000) · 6/100,000
- 25 JUN 2026Petition opened for signaturesCreated by Graham Rousell
Background
While service charges due are recognised as being tied to the deceased’s estate, and not the individual beneficiaries or executors, capping the service charges due over a period (e.g. 6-months, at a value equivalent to when the property was first acquired) would not only encourage the management companies to promote a sale, but also encourage prospective purchasers with the knowledge of a known maximum financial commitment due from the estate (also assisting the probate process).