Moving In

Ingoing Contribution
Once you’ve made the decision to move into a Respect community, you’ll need to make an entry payment for your home. The amount will depend on the size, style and location of your chosen home.

Living With Us

Maintenance Charge
The regular maintenance charge contributes to the day-to-day costs of living in the community, which may cover items such as social activities, staff and the upkeep of communal facilities and grounds.

Utility Charges
Residents are responsible for all charges relating to electricity, telephone, municipal rates, water rates and insurance.

Other Costs
Personal expenses like insurance, internet and extra care services – are other additional costs to consider.

Moving Out

Deferred Management Fee (DMF)
Like the majority of retirement village operators, Respect retains a portion of the funds from the sale of your home as a deferred management fee. This is the fee that is set out in the contract and charged by the operator upon leaving the village, is calculated based on a percentage of the unit’s ingoing contribution.

Major Maintenance Contribution (state specific)
This is a contribution to the capital upkeep of the village, payable when you vacate the unit. The exit contribution is calculated based on a percentage of the unit’s ingoing contribution.

Renovation & Reinstatement Costs
We’ve made the moving out process as easy as possible for new residents, so we’ll take care of all the renovation and reinstatement works, and we’ll pay for the costs as well.