Should clauses in a contract reflect the law? For example, the law states that an operator of a retirement village is allowed to increase the monthly charges above the CPI if agreed to by a majority of a residents' committee. Should this also be clearly stated in a contract?
VIC Retirement village contract
- Thread starter LEW
- Start date
If it’s lawful, it’s generally not necessary to state it. The law is publicly broadcast, so everyone is deemed to be aware of it. Restating it in a contract would be unnecessary double up. The main exception is if there is a legislated disclosure requirement.
Similar threads
