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- What if I decide to sell my unit?
You are free to sell your unit at any time providing the purchaser is over 55 years of age, and approved by the Management company, and the buyer is willing to enter into the management agreement.
- How
do I apply for a residence at Carmel Country Estate?
After you have visited the complex, met with Management and had your questions answered to your satisfaction and wish to proceed, you will need to complete an Application Form (which is available from the village office) and pay a $500.00 by cheque payable to Covenant Trustee Services Ltd which enables them to proceed and draw up the necessary documents required on the unit of your choice. Any conditions that need to be included in the agreement such as the sale of your existing property will be incorporated into the Application Form at this time.
Once you have received your Investment Statement, a further deposit of $1,000.00 NZD will be payable to the Covenant Trustee Services Trust Account. This payment represents a deposit on 10% of the agreed Occupation Licence, the balance of this 10% deposit is payable upon the conditions of your Application Form being met. The balance of the Occupation Licence is due on the commencement date of the issue of the Occupation Licence.
Should the application not proceed this deposit will be refunded to the applicant within 21 days of cancellation, which should be made in writing to the management of Carmel Country Estate.