How are these deferred management fees calculated?

How are these deferred management fees calculated?

The deferred management fee is calculated as a percentage of the resale price of your residence, and is based on a sliding scale, depending on your period of residency. It is calculated as follows:

  • Years 1/2/3: 6% pa
  • Year 4: 5% pa
  • Years 5/6/7: 4% pa
  • Total/ maximum after year 7: 35% of resale price (calculated on a pro-rata daily basis)
2018-01-31T09:05:50+00:00January 31st, 2018|