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How do Aveo contracts compare to legislation?

Home / Redefining Retirement / Providing Certainty / How do Aveo contracts compare to legislation?

Simpler contracts that go above and beyond

As you compare retirement villages or care facilities, you’ll start to see that there is a complex range of variables when it comes to the costs of buying into, and living in, one of these communities. That’s why, we’ve simplified the finances associated with living with Aveo, through our industry leading Aveo Way contracts.

In fact, the Aveo Way contracts provide financial benefits above and beyond the requirement in each State’s legislation. Take a look at how our Aveo Way contract compares in the table below:

Item Aveo Way contractQLD LegislationNSW LegislationVIC LegislationSA LegislationTAS Legislation
Cooling off21 days14 days7 business days3 business days15 business days5 business days
Money Back Guarantee6 months (retirement living units)No guarantee90 daysNo guarantee90 daysNo guarantee
Sale Guarantee6 months (for retirement living units)No guarantee6 months (depending on contract type)No guaranteeNo guarantee6 months

While the following items aren’t legislated anywhere, we also offer the following benefits to people who buy an Aveo retirement unit:

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No refurbishment costs

You won’t have to pay for your unit to be made ready for the next buyer, even if your unit needs renovating

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No sales commission

You won’t have to pay any agent sales commission on the sale of your unit if you appoint Aveo Real Estate.

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No marketing cost

You won’t have to pay for the cost of advertising your unit for sale if you appoint Aveo Real Estate

The information contained in this site has been prepared in good faith and with due care and whilst every effort has been made to provide accurate and complete information, Aveo gives no warranty concerning the accuracy of the material or information displayed in this advertisement and prospective purchasers should make their own inquiries. Aveo recommends all purchasers obtain independent legal advice. A full list of Aveo communities that offer The Aveo Way contract can be found here: https://www.aveo.com.au/redefining-retirement/providing-certainty/

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