Leary & Partners is recognised as the leading provider of Maintenance Reserve Fund (called a Capital Works Fund in NSW) and Capital Replacement Fund reports to the retirement village industry.
Retirement Village Reports
We were advisory stakeholders during the writing of the maintenance provisions for the Queensland Retirement Villages Act 1999 and provided input into the review of the New South Wales Retirement Villages Act 1999.
We were part of the Age Care Queensland (now Leading Age Services Australia) that drafted the Classification of Expenditure Guidelines now ratified by the Association of Residents of Queensland Retirement Villages Inc.
In addition to providing these legislatively required reports for villages throughout Queensland and New South Wales, we provide maintenance management forecasts for a number of villages in Victoria, South Australia, Western Australia and Tasmania. Although maintenance forecasts are not a legislative requirement in these states, many operators have determined they are an essential management tool.
If you would like to discuss this service please call us on freecall 1800 808 991 or email [email protected].