There are many different legal and financial arrangements that people enter into when the need for aged care arises.
The following article specifically examines retirement communities – retirement villages (RVs) and demountable home parks (DHPs).
Demountable home parks (also known as manufactured home parks)
DHPs are generally classified into two groups: those that originated from caravan parks for tourist accommodation and also offer permanent sites (often in a distinct area) and those that are purpose-built villages or communities marketed to retirees. While they operate under Caravan Park and Demountable Home Park legislation, they are often called things like ‘Over 55’s Community’, ‘Retirement Resort’ or ‘Lifestyle Village’.