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Video: What is a Licence to Occupy in NZ?
Presented by Paula Bishop, Founder & Managing Director of Village Guide
3 min watchA Licence to Occupy is the most common ownership model in New Zealand retirement villages: you pay an upfront sum for the right to live in a home, but you do not own the underlying property.
This video explains how a Licence to Occupy works, how it differs from buying a residential property outside a village, and what the arrangement involves for residents.
For the full explanation, read our article on Licences to Occupy.
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