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Current as of January 01, 2024 | Updated by Findlaw Staff
The disclosure statement must describe:
(1) the services provided under a continuing care contract, including:
(A) the extent to which medical care is furnished; and
(B) those services that are included for specified basic fees for continuing care and those services that are made available at extra charge;
(2) all fees required of residents, including the entrance fee and any periodic charges;
(3) the conditions under which a continuing care contract may be canceled by the provider or the resident;
(4) any conditions under which all or part of the entrance fee is refundable on cancellation of the contract by the provider or the resident, or by the death of the resident before or during the occupancy of a living unit or otherwise before or during the term of the contract; and
(5) the manner by which the provider may adjust periodic charges or other recurring fees and any limitations on those adjustments.
Cite this article: FindLaw.com - Texas Health and Safety Code - HEALTH & SAFETY § 246.048. Contents of Disclosure Statement: Contracts and Fees - last updated January 01, 2024 | https://codes.findlaw.com/tx/health-and-safety-code/health-safety-sect-246-048/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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