Understanding Assisted Living Residency Agreements

This article is part 6 of a series written by Ryan Malone for Inside Assisted Living. Ryan discusses the termination section, and alerts us on a few “gotchas”, in residency contracts.

What happens when the contract is terminated?

  • How long does your loved one have to remove his or her belongings?
  • What should you expect in terms of refunds, e.g. security deposits, community fees or unused monthly fees?  Depending on the amount of the community fee that was prepaid, you may be entitled to some type of refund.
  • Within how many days is  the facility required to issue these refunds?

Other Legal Stuff

Most contacts have several pages of standard legal language.  Most of the time, these sections have no impact on the substance of your agreement.  The details of these sections are also outside the scope of the Understand Residency Agreements series.

Click here for full article and link to part 1 thru 5 of this informative series:


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