reglab/housing_qa huggingface dataset:
MI Comp L § 554.909 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.909 - Definitions; P to R.

554.909 Definitions; P to R.Sec. 9.  As used in this act:  (a) "Person" means an individual, partnership, corporation, association, governmental entity, or other legal entity.  (b) "Publish" means to publicly issue or circulate by newspaper, mail, radio, television, or electronic means or otherwise to disseminate to the public.  (c) "Refundable portion of an entrance fee" means the component of an entrance fee that is refundable to the member or his or her estate under the terms and conditions of the continuing care agreement, but excludes the amortized component of an entrance fee.  (d) "Registrant" means a continuing care community registered under this act.   (e) "Reportable change", subject to subdivision (f), means any of the following:  (i) Any change in the tax status of the continuing care community.  (ii) Termination of the continuing care community's sponsorship, or a portion thereof, by a religious, nonprofit, or proprietary organization or group, or the establishment of any new sponsorship for the community.  (iii) Denial, suspension, or revocation of any license, certification, or registration held by the continuing care community and required by state or federal law.  (iv) The entry of any cease and desist order, other order similar in nature, or a temporary or permanent injunction by a court of competent jurisdiction that restricts the continuing care community from offering continuing care agreements to prospective members or restricts the community from operating in any material respect in compliance with the most recent registration.  (v) Any substantive amendments or changes in the disclosure statement, continuing care agreement, or the rules and regulations of the continuing care community.  (vi) Any significant alteration in the care, amenities, or services indicated in the disclosure statement or continuing care agreement.  (vii) Any change in monthly service fees.  (viii) A variation of 10% or more between the actual amount of any of the following items and the amount forecast in the continuing care community's pro forma financial plan most recently filed under this act:  (A) Total assets.  (B) Total liabilities.  (C) Equity.  (D) Fund balance or deficit.  (E) Long-term debt.  (F) Total revenue.  (G) Total expenses.  (H) Cash flow.  (ix) A violation of any debt covenant applicable to the continuing care community.  (f) "Reportable change" does not include a change in the value of an interest rate swap not related to the termination of the interest rate swap. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.911 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.911 - Definitions; S.

554.911 Definitions; S.Sec. 11.  As used in this act:  (a) "Sale of a continuing care agreement" means the execution of a continuing care agreement.  (b) "Sell a continuing care agreement" means to secure the sale of a continuing care agreement. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.913 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.913 - Continuing Care Community; Organization and Operation; Purpose; Member to Service in Advisory Capacity.

554.913 Continuing care community; organization and operation; purpose; member to service in advisory capacity.Sec. 13.  (1) A continuing care community shall be organized and operated as either a for-profit or nonprofit entity. The entity's purposes shall be limited to ownership, organization, and operation of the continuing care community.  (2) Each continuing care community shall elect or appoint at least 1 member, along with an alternate, to serve in an advisory capacity to its governing body. The member shall be notified in advance of and invited to attend all meetings of the governing body. The member shall not have a vote unless the governing body grants such voting rights. The continuing care community is responsible for expenses incurred by the member representative in fulfilling his or her duties under this section. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.915 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.915 - Continuing Care Agreement; Registration or Exemption Required; Applicability to Written or Oral Arrangements; Offer or Sale; Conditions; Circumstances.

554.915 Continuing care agreement; registration or exemption required; applicability to written or oral arrangements; offer or sale; conditions; circumstances.Sec. 15.  (1) Subject to subsections (3) and (4), a person shall not offer to enter into or enter into a continuing care agreement unless the person is registered or exempt from registration under this act.  (2) Subject to subsections (3) and (4), this act applies to all written or oral arrangements between a continuing care community and a member or prospective member in connection with the offer or the sale of a continuing care agreement.  (3) An offer or sale of a continuing care agreement is subject to this act if any of the following apply:  (a) Subject to subsection (4), the offer is made or accepted in this state.  (b) The continuing care community is or will be operated in this state.  (c) The offer originates from this state and is received at the place to which the offer is directed.  (d) The offer is directed by the offeror to this state and is received in this state.  (4) An offer of a continuing care agreement shall not be considered to be made in this state solely because of 1 or more of the following circumstances:  (a) Circulation in this state, by or on behalf of a publisher, of a bona fide newspaper, electronic media, or other publication of general, regular, and paid circulation that has had more than 2/3 of its circulation outside this state during the past 12 months.  (b) Reception in this state of a radio or television program originating outside this state. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.917 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.917 - Rules; Exemption; Variance; Area Not Considered Home for the Aged or Adult Foster Care Facility; Relationship Not Subject to Laws Between Landlord and Tenant.

554.917 Rules; exemption; variance; area not considered home for the aged or adult foster care facility; relationship not subject to laws between landlord and tenant.Sec. 17.  (1) A continuing care community that is licensed in whole or part under article 17 of the public health code, 1978 PA 368, MCL 333.20101 to 333.22260, or the adult foster care facility licensing act, 1979 PA 218, MCL 400.701 to 400.737, is exempt from any rules promulgated under article 17 of the public health code, 1978 PA 368, MCL 333.20101 to 333.22260, or the adult foster care facility licensing act, 1979 PA 218, MCL 400.701 to 400.737, that would interfere with a resident's access to a common area, subject to the resident's need for care and supervision.  (2) A continuing care community may request a variance from the application of a rule promulgated under article 17 of the public health code, 1978 PA 368, MCL 333.20101 to 333.22260, or promulgated under the adult foster care facility licensing act, 1979 PA 218, MCL 400.701 to 400.737, and applicable to a home for the aged or adult foster care facility, respectively, that is part of the continuing care community. The department of human services shall grant the variance upon a finding of both of the following:  (a) That the rule unnecessarily segregates members of the continuing care community who reside in the home for the aged or adult foster care facility from other members of the continuing care community.  (b) That the variance will not result in a risk to human health or safety.  (3) An area where room and board together with personal care, protection and supervision, or supervised personal care are provided to a member is not a home for the aged as defined in section 20106 of the public health code, 1978 PA 368, MCL 333.20106, or an adult foster care facility as defined in section 3 of the adult foster care facility licensing act, 1979 PA 218, MCL 400.703, if the services are only provided on a temporary basis under any of the following circumstances:  (a) While the member is recovering from an illness or accident.  (b) Until a living unit in an appropriate licensed area of the continuing care community becomes available.  (4) The relationship between a continuing care community and a member or prospective member is not subject to laws regulating the relationship between a landlord and a current or prospective tenant. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.921 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.921 - Incomplete Application; Notification; Order Approving or Denying Registration.

554.921 Incomplete application; notification; order approving or denying registration.Sec. 21.  (1) Effective 60 days after the department receives a registration application, the application shall be considered to be complete unless the department proceeds as provided in subsection (2).  (2) If, before the expiration of the 60-day period under subsection (1), the department notifies the applicant that the application is not complete, specifying the information necessary to make the application complete or stating that the fee required to accompany the application has not been paid and specifying the amount due, the running of the 60-day period under subsection (1) is tolled until the applicant submits to the department the specified information or fee amount due.  (3) Not more than 180 days after the expiration of the 60-day period under subsections (1) and (2), the department shall enter an order registering the continuing care community or denying the registration and submit a copy of the order to the applicant. An order approving a registration shall specify the expiration date of the registration. If the department denies registration, the order shall specifically describe the deficiencies in the registration application or instances of noncompliance by the applicant with the requirements of this act.  (4) If an order approving or denying registration is not timely entered under subsection (3), the registration is immediately effective unless the applicant has consented in writing to a waiver or delay of automatic effectiveness. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.923 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.923 - Effect of Order Approving or Filing Registration.

554.923 Effect of order approving or filing registration.Sec. 23.  (1) The fact that an application for registration has been filed or approved does not constitute any of the following:  (a) Approval of or a finding regarding the accuracy of any information in or accompanying the registration application.  (b) A recommendation, approval, or other finding by the department concerning the merits or qualifications of a person, life interest, long-term lease, transaction, or continuing care community.  (2) A person shall not make or cause to be made to a prospective member a representation inconsistent with this section. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.925 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.925 - Renewal of Registration; Application Form to Be Sent by Department.

554.925 Renewal of registration; application form to be sent by department.Sec. 25.  (1) Except as otherwise provided in this act, the department shall renew the registration of a registrant that does all of the following:  (a) On or before the expiration date printed on the registration, submits to the department an application for renewal of registration on a form provided by the department and accompanied by such information described in section 19 as may be required by the department.  (b) Pays the fee required under section 31.  (2) A reasonable time before a registrant's registration expires, the department shall send a renewal application form to the registrant's last postal mailing address or electronic address on file with the department. The failure of the department to comply with this subsection does not relieve the registrant of the responsibility to timely file an application for renewal of registration. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.927 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.927 - Application for Registration Renewal; Processing; Failure to Submit Application or Fee; Continuation of Current Registration; Failure to File Renewal Application.

554.927 Application for registration renewal; processing; failure to submit application or fee; continuation of current registration; failure to file renewal application.Sec. 27.  (1) Subject to subsections (2) and (3), an application for renewal of registration shall be processed in the same manner as an initial registration application under section 21.  (2) If, within 60 days after receiving notice from the department under section 21(2), an applicant fails to submit to the department the specified information or fee amount due, the department may deny the registration renewal application.  (3) If an applicant files an application for renewal of registration as provided in section 25(1), the current registration continues in effect until a new registration renewal order is issued or denied or the department revokes the registration.  (4) If a registrant fails to file an application for renewal of registration as provided in section 25(1), both of the following apply:  (a) The registration lapses effective the day after the expiration date specified in the order under section 21.  (b) The continuing care community shall not enter or offer to enter a continuing care agreement after the expiration date unless the community is reregistered pursuant to sections 19 and 21. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.929 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.929 - Extension of Registration; Requirements; Fees.

554.929 Extension of registration; requirements; fees.Sec. 29.  (1) The department may extend the term of an existing registration for a continuing care community for not more than 3 fiscal years if the department determines that all of the following requirements are met:  (a) The continuing care community was registered under this act during the immediately preceding 5 fiscal years.  (b) The continuing care community meets all of the following financial requirements:  (i) Has not committed a material default in the payment of principal or interest on its indebtedness during the immediately preceding 3 years.  (ii) Has had income or revenues in excess of its expenses in each of the immediately preceding 3 years.  (iii) Has a ratio of current assets to current liabilities of not less than 1:1.  (iv) Has reserves or funds designated for the payment of its indebtedness in an amount equal to or greater than 1 year's debt service.  (c) The continuing care community or any person with joint and several liability is not the subject of any action under sections 55 to 63.  (2) Notwithstanding the grant of an extension of its registration, a continuing care community shall annually submit to the department the registration renewal fees specified in section 31 and annual and semiannual financial statements under section 41. A registered continuing care community shall do all of the following:  (a) Submit the fees specified in section 31.  (b) Submit financial statements for that fiscal year that comply with section 41. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.931 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.931 - Fees; Continuing Care Administration Fund; Creation; Disposition; Investment; Money Remaining at Close of Fiscal Year; Expenditures.

554.931 Fees; continuing care administration fund; creation; disposition; investment; money remaining at close of fiscal year; expenditures.Sec. 31.  (1) The fee for filing an application for initial registration of the offer or sale of continuing care agreements or continuing care at home agreements is $250.00. If an application for registration is withdrawn before the effective date of registration or a stop order is issued before that date, the department shall retain the following:  (a) A fee of $25.00 if the initial review has not been commenced.  (b) The full application fee if the review has commenced.  (2) The fee for filing an application for registration renewal is $100.00.  (3) The continuing care administration fund is created within the state treasury. Fees collected by the department under this act shall be deposited into the fund. The state treasurer may receive money or other assets from any source for deposit into the fund. The state treasurer shall direct the investment of the fund. The state treasurer shall credit to the fund interest and earnings from fund investments. Money in the fund at the close of the fiscal year shall remain in the fund and shall not lapse to the general fund. The department shall be the administrator of the fund for auditing purposes.  (4) The department shall expend money from the continuing care administration fund, upon appropriation, only for the purposes of administration and enforcement of this act. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.933 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.933 - Reportable Changes; Amendment of Registration.

554.933 Reportable changes; amendment of registration.Sec. 33.  (1) A registrant shall notify the department promptly in writing within 45 days of any reportable change with respect to the continuing care community measured semiannually.   (2) A registrant shall submit to the department an application to amend a registration to address reportable changes. The disclosure statement and each form of continuing care agreement for the continuing care community, including all exhibits or addenda, shall be in a format that identifies revisions to the last documents approved by the department. If required by the department, the application to amend a registration shall include a pro forma financial plan that complies with section 43. The department may require the production of other financial information reasonably necessary for the purposes of this act. The amended registration shall be signed and verified by the administrator.  (3) Effective 30 days after the department receives an application to amend a registration, the application shall be considered to be complete unless the department proceeds as provided in subsection (4).  (4) If, before the expiration of the 30-day period under subsection (3), the department notifies the applicant that the application is not complete, specifying the information necessary to make the application complete, the running of the 30-day period under subsection (3) is tolled until the applicant submits to the department the specified information or fee amount due.  (5) Not more than 30 days after the expiration of the 30-day period under subsections (3) and (4), the department shall enter an order approving or denying the amendment and submit a copy of the order to the applicant. If the department denies the amendment, the order shall specifically describe the deficiencies in the application or instances of noncompliance by the applicant with the requirements of this act.  (6) If an order approving or denying an amendment is not timely entered under subsection (5), the amendment is immediately effective unless the applicant has consented in writing to a waiver or delay of automatic effectiveness.  (7) An amendment to an application filed after the effective date of the registration and approved by the department under subsection (5) takes effect on the date determined by the department, having due regard for the public interest and the protection of prospective members. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.935 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.935 - Delivery of Continuing Care Agreements, Emergency Plan, and Disclosure Statement; Availability of Feasibility Study.

554.935 Delivery of continuing care agreements, emergency plan, and disclosure statement; availability of feasibility study.Sec. 35.  (1) A continuing care community shall deliver to a prospective member all continuing care agreements pertinent to the continuing care sought by the prospective member, the continuing care community emergency plan in case of power outage, and the disclosure statement most recently approved by the department. The delivery shall be by a method considered acceptable by the continuing care community and the prospective member and shall occur by the earlier of the following:  (a) The continuing care community's acceptance of a nonrefundable application fee from the prospective member, unless all of the following apply:  (i) The nonrefundable application fee does not exceed $500.00.  (ii) The availability of a disclosure statement is disclosed in writing to the prospective member.   (iii) A disclosure statement is made available to the prospective member upon request.   (b) The prospective member's payment of at least 10% of the total entrance fee to reserve a living unit.  (2) Upon execution of the continuing care agreement and payment of the full entrance fee amount, the continuing care community shall provide the member with a physical copy of both of the following:  (a) The executed continuing care agreement.  (b) A physical copy of the disclosure statement, unless a physical copy has already been provided under subsection (1).  (3) A continuing care community shall make the feasibility study required under section 19 available for review by a member or prospective member upon request. History: 2014, Act 448, Eff. Apr. 2, 2015