Moving Into a Retirement Village? Get the Right Legal Advice First.
Entering a retirement village is a significant decision, and understanding the legal terms of your Occupation Right Agreement (ORA) is crucial. At Regent Law, we provide expert guidance to ensure you know exactly what you’re signing—giving you peace of mind about your future living arrangements.
With our fixed-fee ORA review service, you’ll receive clear, straightforward legal advice, so you can confidently decide whether a retirement village is the right choice for you.
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What Is an Occupation Right Agreement (ORA)?
When you move into a retirement village, you are not purchasing the unit in the traditional sense. Instead, you are usually buying a licence to occupy, which means:
✔ You have the right to live in the unit, but you do not own it or the land.
✔ The terms and conditions of your stay are outlined in your Occupation Right Agreement (ORA).
✔ Your ORA details what you pay upfront, ongoing fees, and how much (if any) you receive back when you leave.
💡 A retirement village is not typically a capital investment, but it can be a great lifestyle choice—offering security, community, and support, especially if you have mobility concerns.
Your Legal Rights Under New Zealand Law
Retirement villages in New Zealand must comply with the Retirement Villages Act 2003 and the Retirement Villages (General) Regulations 2006. These laws ensure that:
✔ You receive full disclosure of the village’s financial terms and policies.
✔ You must obtain independent legal advice before signing an ORA.
✔ You have a 15-day cooling-off period to reconsider your decision.
Our Fixed-Fee ORA Review Service
Service | Fixed Price (plus GST) |
---|---|
Review and advice on an Occupation Right Agreement (ORA) for entering a retirement village | $3,500 |
Review and advice on an ORA with complicating factors (e.g., complex financial structures, family trust involvement, or additional negotiations required) | Price on request |
💡 Our fixed fee applies to standard ORAs. If your situation involves extra complexities, we’ll discuss any additional costs upfront—no surprises.
What’s Included in Our Fixed-Fee Service?
✔ Comprehensive ORA Review – We carefully assess your agreement, highlighting key financial and legal details.
✔ Plain-English Advice – We break down the legal jargon, so you fully understand your rights and responsibilities.
✔ Guidance on Village Policies – We clarify rules around fees, refurbishments, and exit conditions.
✔ Consultation to Address Your Concerns – We answer all your questions, ensuring you make an informed decision.
✔ Smooth, Stress-Free Process – We handle all legal requirements efficiently so you can move forward with confidence.
Why Choose Regent Law?
✔ Expertise in Retirement Village Agreements – We specialise in estate and retirement planning law.
✔ Fixed-Fee Pricing – No hidden costs—just clear, upfront pricing.
✔ Personalised Service – We take the time to understand your unique situation and provide tailored advice.
✔ Convenient Support – If you’re elderly or have mobility issues, we can arrange a visit to you.
Get the Right Advice Before You Sign
Before committing to a retirement village, ensure you understand your ORA and the financial obligations involved.
📞 Call us today on 09 430 0509
📧 Email us at [email protected]
📅 Book your consultation
At Regent Law, we make the legal side of retirement living simple, stress-free, and transparent—so you can enjoy your next chapter with confidence.
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