---
title: "Review a retirement village contract and disclosure statement and prepare the resident's issues report"
url: "https://ailawframework.com/practice/elder-law-and-powers-of-attorney-guardianship/review-a-retirement-village-contract-and-disclosure-statement-and-prepar"
type: "task"
site: "AI Law Framework"
id: "A18-X20260927-7"
practice_area: "Elder Law & Powers of Attorney / Guardianship"
tier: "yellow"
lawyer_review: "required"
last_reviewed: "2026-10-22"
---

# Review a retirement village contract and disclosure statement and prepare the resident's issues report

> Extract the contract and disclosure statement terms into a clause-by-clause table against the state's statutory disclosure requirements, and draft the issues report and the cancellation-date calculation for the lawyer…

Canonical page: https://ailawframework.com/practice/elder-law-and-powers-of-attorney-guardianship/review-a-retirement-village-contract-and-disclosure-statement-and-prepar  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Elder Law & Powers of Attorney / Guardianship](https://ailawframework.com/practice/elder-law-and-powers-of-attorney-guardianship.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | Extract the contract and disclosure statement terms into a clause-by-clause table against the state's statutory disclosure requirements, and draft the issues report and the cancellation-date calculation for the lawyer to revise. |
| What the lawyer must review | Check the extracted terms against the executed documents, confirm the cooling-off and any settling-in date against the current Act for the jurisdiction and the contract type, and advise on the deferred management fee and reinstatement exposure yourself. |
| Written for / versions | 1 jurisdiction versions below |

## Checking plan

**Source-by-source verification**

Trace relied-on content to independent sources and check for relevant material the output has missed.

- What the AI does: Extract the contract and disclosure statement terms into a clause-by-clause table against the state's statutory disclosure requirements, and draft the issues report and the cancellation-date calculation for the lawyer to revise.
- What the lawyer does: Check the extracted terms against the executed documents, confirm the cooling-off and any settling-in date against the current Act for the jurisdiction and the contract type, and advise on the deferred management fee and reinstatement exposure yourself.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Practical workflow informed by the linked primary sources; the traffic light and working checks are editorial guidance, not a court classification.
- Why: The level reflects what the work is, the consequence of an error, and how much of the output the lawyer must independently re-derive.

## Checks the lawyer makes

1. Confirm the instructions, the jurisdiction and the complete relevant material before starting.
2. Check the extracted terms against the executed documents, confirm the cooling-off and any settling-in date against the current Act for the jurisdiction and the contract type, and advise on the deferred management fee and reinstatement exposure yourself.
3. Check the output against the source documents named in it before it is relied on.

## Notes

- These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.

## Sources

- [https://www.business.qld.gov.au/industries/housing-accommodation/retirement-village-operators/operating-retirement-village/documents-contracts](https://www.business.qld.gov.au/industries/housing-accommodation/retirement-village-operators/operating-retirement-village/documents-contracts) (checked 2026-09-27)
- [https://www.consumer.vic.gov.au/housing/retirement-villages/choosing-a-retirement-village/cancelling-a-retirement-village-contract](https://www.consumer.vic.gov.au/housing/retirement-villages/choosing-a-retirement-village/cancelling-a-retirement-village-contract) (checked 2026-09-27)
- [https://www.consumer.vic.gov.au/licensing-and-registration/retirement-village-operators/retirement-village-reforms](https://www.consumer.vic.gov.au/licensing-and-registration/retirement-village-operators/retirement-village-reforms) (checked 2026-09-27)

## Forms and precedents for this task

| Form or precedent | Kind | AI level | Summary |
| --- | --- | --- | --- |
| [Letter of advice to a prospective retirement village resident on the village contract and disclosure statement (NSW)](https://ailawframework.com/precedents/elder-law-and-powers-of-attorney-guardianship/retirement-village-contract-letter-of-advice.md) | Letter | Yellow | A letter of advice to a prospective resident on a NSW retirement village contract and disclosure statement: what is being bought, the costs in and out, the 14-day rules, the 7 business day… |

Signed-in accounts can read the full text of each one.

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [United States](https://ailawframework.com/practice/elder-law-and-powers-of-attorney-guardianship/review-a-retirement-village-contract-and-disclosure-statement-and-prepar/united-states.md) | Yellow |

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*