I'm grateful to ALL the posters on this forum, and especially those that post on this thread as OCA is the only retirement sector company I have shares in, and it is also the largest holding I have in a single company by far. So thanks one and all.
I phoned OCA a week ago to make some enquiries for a family member, and as I haven't seen it mentioned on this thread, thought I would post what I was told regarding deferred management fees.
Individual accommodation (apartments, villas etc) the DM fee is 10% pa calculated and charged on a monthly basis (max 30% over three years).
With Care Suites the DM fee is 15% for the first year (fixed, as in no refund if the person only stays a week), then 10% for the second year and 5% for the third year. The second and third years are calculated and charged on a monthly basis.