Leasehold title is the most common form of tenure in retirement villages. The lease is long term (usually for over 40 years).
Another common tenure type is a licence arrangement, which is very similar to leasehold title.
Some Aveo Retirement Living retirement villages are freehold/strata title tenure - you purchase the residence and are registered on the title deed.
Another tenure type is company share arrangements with related residency entitlements.
All these options include provisions for resident consultation about the management of the community.
It’s sensible to consult a solicitor with experience in this area in order to ensure you fully understand individual tenure arrangements at the community of your choice. Whatever form of tenure you purchase, you are afforded protection by the relevant state legislation.