Open petition: Cap service charge on retirement village properties during resale period.

Created by Graham Rousell
Closes on 25 December 2026

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).

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).

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