Govt releases paper on how retirement villages operate

There have been a number of complaints about retirement villages charges. (Image: DepositPhotos)
Retirement village owners could be stopped from charging residents’ fees after they die, and their estates repaid for property held within a deadline under options released for consultation on Wednesday. The Ministry of Housing and Urban Development – Te Tūāpapa Kura Kāinga – has released a long-awaited discussion paper on changes to the sector after complaints about how some aspects operate.Under current rules, villages can charge weekly fees for months after residents die.They also do not have to repay a family estate...
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