Sec. 5.2. Living unit reappropriation.
145 words·~1 min read·
/il/chapter-210/act-40/5-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 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.