Page 12 - Enliven Huntleigh Brochure

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Understanding the ‘purchase’ process
Occupation Right Agreement, Licence to Occupy, Outgoings Charge... Sometimes when it comes to moving to a retirement village the legal terms can make it seem very confusing, but really it’s not.
When you ‘purchase’ a Huntleigh apartment you sign an Occupation Right Agreement (ORA) and make an Entry Payment. By signing the ORA you have an exclusive licence to occupy (LTO) the apartment for as long as you are able, and shared rights to use the communal facilities. The underlying ownership of the apartment remains with Presbyterian Support Central.
The process
The process looks something like this:
Step 1: Consider the options
Think about the things that are important to you in a retirement village and feel confident in your decision to move to Huntleigh Apartments.
Step 2: Understand how it works
Get a good understanding of how the licence to occupy system works. We’re always happy to answer your questions about the agreement, the fees and what you can expect if you move out.
Step 3: Express your interest
Meet with the Manager to discuss if Huntleigh Apartments is the right fit for you. You will then sign your expression of interest which is essentially your intention to purchase the licence to occupy the apartment. This gathers all the information we need to put together the Occupation Right Agreement (ORA).
Step 4: Seek legal advice and sign the Occupation Right Agreement
We will send the ORA to your lawyer so you can get legal advice about the details and conditions included in the agreement.
Step 5: Final arrangements
We’ll happily provide advice to help you with the process of selling your home and moving to your new home at Huntleigh Apartments.
Step 6: Move in!