If you’re considering senior living for yourself or a loved one, it’s important to understand what residency agreements are, how they work, and how they can influence your decision.
Here are the basics that you’ll find with most agreements. Keep in mind that the specifics can and will vary from community to community. Be sure that you are fully informed of all the details before signing on the dotted line. When faced with this important step, many older adults consult their attorney to make sure they understand and agree with all the agreement provisions.