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Reply to "refund of entrance fee from assisted living"
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[quote=Anonymous]My dad passed away two years ago. He was living in a retirement community that had a relatively large up-front buy-in fee. Because he passed away soon after he moved in, his estate was due back a percentage of his entrance fee. The contract for all residents states that the refund is to be made once his unit is re-rented. It's been two years, and I'm wondering if this is just something we have to wait in perpetuity for. I check in with the comptroller of the organization every few months, and have spoken with the director, and they both say that that's the law, that's how they have to do it, and they prioritize units where refunds are due when they rent new units. I wondered if any DCUM folks know anything about this. If so, does that sound right? TIA. [/quote]
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