As a resident of O’Connor Woods, you’ll have access to financial
options that fit your lifestyle. By choosing to become a member
of the community, you can reduce your monthly rent by 25%, giving
you more financial freedom and flexibility. In addition, you’ll
save 10% on higher levels of care, should you ever require them.
With two membership options available, our Residential Living
Advisors can help you select the one best for you and your loved
ones.
Types of Entrance Fee Contracts:
Traditional 3-year Amortized Agreement
A traditional membership requires less money down, and is
amortized over 36 months. If you leave within the first three
years, the amount remaining is returned to you. After three
years, these funds are no longer returned. However, you will
continue to receive the 25% off your monthly fees, as well as a
reduced rate for higher levels of care.
90% Repayable Agreement
Residents put down a dollar amount based on the unit they select.
When they leave the community, 90% of the amount paid is returned
to them.
Benefits of Membership:
- A reduced monthly rate
- Assurance that should needs ever change, you can
enjoy lower rates on higher levels of care
- The ability to choose between two different entrance fee
contracts and enjoy the payment option that works best for you
- The opportunity to receive money back if you move out in the
future
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