Continuing Care Retirement Communities - Refunds

Summary

The bill forces CCRC operators to return any contractual entrance‑fee refunds promptly after a resident terminates their agreement, with specific deadlines based on when the termination occurs. It applies to residents who leave by choice or death and includes reporting duties when a unit remains vacant. The goal is to protect seniors and their families from long‑delayed refunds.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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