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Why Is Lifestyle Communities Offering a New Fee Model to Existing Homeowners?
8:36am on Tuesday 9th of December, 2025 AEDT
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Real Estate
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Why Is Lifestyle Communities Offering a New Fee Model to Existing Homeowners?
8:36am on Tuesday 9th of December, 2025 AEDT
Key Points
New DMF model calculates fees on purchase price, capped at 20% over five years
VCAT ruling invalidated prior DMF clauses based on sale price, causing a $0 write-down
Existing homeowners can opt into the new model after appeal resolution
Potential $117 million carrying value adjustment if all switch to new DMF model
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