What type of fees do residents pay?

fees pay residents type
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What type of fees do residents pay?

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Residents pay an entrance fee and a monthly fee. These fees vary according to the type of living accommodation selected, and the number of residents occupying the apartment or cottage. Entrance Fee. This is a one-time payment which entitles the resident to the exclusive right to occupy the apartment or cottage selected and to use and enjoy the common areas, programs, and amenities of The Pines for life. The entrance fee also assures the resident access to the Schramm Health Center, either on a temporary or permanent basis, at substantial savings over comparable nursing facilities. The entrance fee does not deliver title to ones living accommodation. There are three Entrance Fee options to choose from: The Standard Entrance Fee option involves the least amount of entrance fee payable upon occupancy. Should a resident leave The Pines for any reason during the first 12 months of occupancy, The Pines will refund the entrance fee, less a 5% administrative fee, and 5% for each month of occup

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