Terms Used In Idaho Code 26-3708

• Entrance fee: means an initial or deferred transfer to a provider of a sum of money or other property made or promised to be made as full or partial consideration for acceptance of a specified individual as a resident in a facility. See Idaho Code 26-3703
• Escrow: Money given to a third party to be held for payment until certain conditions are met.
• Provider: means the promoter, developer, or owner of a continuing care facility, whether a natural person, partnership, unincorporated association, trust, or corporation, or any other person, or that person’s successors or assigns that solicits or undertakes to provide continuing care to the public under a continuing care facility contract. See Idaho Code 26-3703
• Resident: means an individual entitled to receive continuing care in a facility. See Idaho Code 26-3703