Senior Living Properties - 20 Important Questions to Answer
When considering senior living properties, or estates, there are many issues to take into account. These should be written down and carefully resolved before making a final decision. It can be very upsetting and expensive to find out later that things are not as you expected them to be. The type of questions, and their importance, will vary depending on personal circumstances and the structure and type of the retirement estate. The important point is to ensure that no stone is left unturned.
Questions to ask the management when considering senior living properties. - Are there any limitations on a resident in the use of their unit and the facilities with regard to:
- having someone else to live with them
- having visitors, including overnight or short stay guests
- car parking
- pets
- any other limitations.
- Does a potential resident have to supply a medical certificate or report to verify their ability to live independently?
- Does a resident have to provide records of their medical circumstances and medication? If so, who will have access to it?
- What public, private or estate transport is available to residents?
- If their unit is still under construction, does a resident have a say in the design, construction or finishing?
- Can the resident's deed of sale be terminated? Under what circumstances?
- Can a resident move, or be moved, from one part of the retirement estate to another? For example from Unserviced to Serviced Accommodation, or from Assisted Living to Healthcare or Assisted Living back to Unserviced Accommodation)? If so, under what circumstances?
- What provisions exist for residents to be involved in the operation of the village? Are residents actively involved in formulating estate rules and setting fees and charges?
- What security does a resident have against the loss of rights (including accommodation rights) if the village is sold to another company or organization?
- Can residents be made accountable for any extra or extra- ordinary charges and, if so, for what purposes?
- Are there any restrictions on the sale of the unit? What happens if there is a disagreement over the purchase price and/or enhancements?
- What is the background and experience of the senior living properties senior manager, managing agent or owner?
Personal Check list when considering senior living properties. - Have I discussed my decision to consider senior living properties with my family, friends or advisor?
- Am I considering moving to a retirement estate because the housework, gardening and general maintenance has become too much? Am I sure that this type of living is the best choice for me?
- Do I believe that the way of life in the estate (including the social activities and religion) will suit me? Have I spoken to any residents of the estate?
- Will the estate and my unit be easily accessible if I become disabled and need a wheelchair or walking aid? What choice do I have if I become too frail to live alone?
- Does the estate provide nursing care, an emergency call system and other services especially intended for the elderly? Do these meet my present and possible future needs?
- Have I looked at a number of senior living properties to make a comparison of the facilities and the financial arrangements?
- Can I manage to pay for accommodation in the estate I have chosen? What are the financial costs for me if I do not like living in the estate and wish to leave?
- Have I received sufficient information about the estate I have chosen? Have I shown the documents to my legal representative? Am I sure that I fully understand the deed of sale that I am signing?
From these above questions it is very clear to see that this is not a decision to be taken lightly. It is often made at a time of emotional stress. It is important that the decision is made objectively on a carefully considered basis.
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