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Departure Fee

A Departure Fee is charged by Village Administration. This Departure Fee is retained from the Incoming Contribution and is calculated as follows:

  1. 5% for the first year of residency, or part thereof
  2. 5% pa for the next five years calculated on a daily basis
  3. Plus any unscheduled maintenance or repair costs necessary on your exit
  4. Plus any other amounts owing  such as recurrent charges
Capital Gain
The outgoing resident will receive 30% of any capital gain when the unit is sold.

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ACNC Registered Charity Tick :: Merton Living