What is an outgoing contribution/ deferred management fee?
Deferred fees, also known as departure fees, deferred management fees, DMF, outgoing contributions or end of lease payments, refer to the amount of money payable to the retirement village operator on the departure of a resident from the village. The exact amount can depend on a number of variables, which should be explained to you by the retirement village operator, but is usually calculated as a percentage of the ingoing contribution multiplied by the number of years the resident lives in the village.
