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Illinois Statutes Chapter 210. Health Facilities and Regulation § 40/5.2. Living unit reappropriation

Current as of January 01, 2025 | Updated by Findlaw Staff

§ 5.2. Living unit reappropriation. If an unoccupied living unit is contemplated for use for a purpose other than as a living unit, including, but not limited to, an exam room or a storage room, and if there exist beneficiaries awaiting an entry fee refund, the beneficiaries of the entry fee refund must provide a signed acknowledgment of, and agreement to, the reappropriation that may be in effect up to a specific date. The reappropriation acknowledgment shall include:

(1) the caption, “ENTRY FEE REFUND DELAYS: CONSUMER NOTICE” in at least 28-point font and the remaining portion in at least a 12-point font;

(2) the caption, “Your agreement to this arrangement may result in the delayed sale of the living unit as well as the delayed return of the entry fee.”; and

(3) a statement that the rights provided under this Section may not be waived.

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Cite this article: FindLaw.com - Illinois Statutes Chapter 210. Health Facilities and Regulation § 40/5.2. Living unit reappropriation - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-210-health-facilities-and-regulation/il-st-sect-210-40-5-2/

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