By Brad Breeding
Here at myLifeSite, we are able to gather lots of great insights and comments from the thousands of people who follow our blog posts and who are actively engaged in the process of researching continuing care retirement communities (CCRCs or “life plan communities”). This helps us develop content that we hope speaks directly to the types of questions and concerns that people have related to CCRCs.
We recently heard from one of our blog followers who suggested that we do another piece on the core differences between various types of CCRC residency contracts. Although this is a topic that we’ve covered in previous blog posts, as well as on the Resources section of our website, it’s a topic that’s well-worth discussing again. In this post, I’ll provide an expanded explanation of the different types of CCRC contracts, with a few additional details that are important to understand.