NSWIn ForceAct
Residential (Land Lease) Communities Act 2013
21Disclosure statement required before entry into site agreement
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#### 21 Disclosure statement required before entry into site agreement
21 Disclosure statement required before entry into site agreement
> > (1) The operator of a community must not enter into a site agreement with a person unless the operator has provided the person (or another person acting on behalf of that person) with a disclosure statement relating to the particular residential site at least 14 days before entering into the agreement.
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> > Maximum penalty—100 penalty units.
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> > Note.
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> > This requirement extends to a case where the operator is entering into a new site agreement with an existing home owner.
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> > (2) The disclosure statement is to be in the approved form and is to include—
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> > > (a) details of the fees and charges that will be payable under the proposed site agreement for the particular residential site, and
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> > > (b) details of the current range of site fees paid in the community, and
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> > > (c) details of the services and facilities available in the community, and
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> > > (d) details of compliance with statutory requirements applying to the community.
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> > (3) A disclosure statement is to be signed and dated by the operator.
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> > (4) The Tribunal may, on application by a prospective home owner, make an order requiring the operator of a community to provide a disclosure statement if—
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> > > (a) a residential site in the community is available for occupation by the prospective home owner, and
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> > > (b) the operator fails to provide a disclosure statement in relation to the residential site to the prospective home owner within 14 days after a request for the statement is made.