New York Codes, Rules and Regulations
Title 10 - DEPARTMENT OF HEALTH
Chapter VII - Life Care Communities
Part 901 - Organization And Administration
Section 901.1 - Pre-contract disclosure
Universal Citation: 10 NY Comp Codes Rules and Regs ยง 901.1
Current through Register Vol. 45, No. 52, December 27, 2023
(a) Prior to the execution of a contract, or before the transfer of any money other than a refundable priority reservation application fee or a priority reservation fee to the operator by or on behalf of a prospective resident, whichever occurs first, the operator shall deliver to the person with whom the contract is to be entered into or the person's legal representative:
(1) the most recent annual statement required
pursuant to section
901.8
of this Part; and
(2) an initial
disclosure statement including the information contained in the contract unless
the contract is attached to and made part of the initial disclosure statement.
Such disclosure statement shall be prepared in accordance with section
900.3(c)(14)
of this Title.
(b) The operator shall designate knowledgeable personnel to be available to prospective residents to provide information and answer questions regarding the community and its operation, the disclosure statement, the life care contract and the annual statement.
Disclaimer: These regulations may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
