About
Continuing care retirement communities and senior adult congregate living facilities that require payment of an entrance fee prior to moving into the facility must register. They must also file with the Iowa Insurance Division the disclosure statement and contract forms that are provided to consumers.
Code Citation
Iowa Code 523D
Who Applies
A facility that provides housing together with supportive services to a resident in consideration of an entrance fee.
When To Apply
Filing and approval must precede operations.
Initial Requirements
None.
Duration
Renewal must take place on or before March 1 of each year.
Processing Time
Approximately 10 days.
Fee Structure
Initial Registration: $100 Renewal: $100
Renewal Requirements
Does not pertain.
Exam
Does not pertain.
Additional Information
Filing instructions and the forms are available at https://iid.iowa.gov/retirement-facilities
Services Provided
Service Category