How is Residential Facility defined in a legal contract?
- Residential Facility means a home or facility where a child with a developmental disability lives, which is licensed under specific [regulations]. Seen in 43 SEC filings
- Residential Facility means a licensed facility under a specific [law]. Seen in 40 SEC filings
- Residential Facility means transitional housing or a supervised living facility licensed by health authorities. It can also include registered housing establishments or a residence providing a residential program. This facility may serve individuals with developmental disabilities, homeless people, or battered women. Seen in 39 SEC filings
- Residential Facility means a group home, children's crisis care facility, children's residential center, private, nonprofit therapeutic wilderness camp, or residential parenting facility providing round-the-clock child care. A foster home is not considered a ""residential facility."" Seen in 33 SEC filings
- Residential Facility means a facility providing a level of care that replaces parental responsibility or foster care and is necessary more than what is needed for the assessment or treatment of an acute condition. Seen in 31 SEC filings
- Residential Facility means a licensed adult family home or boarding home under a specific contract, providing assisted living, adult residential care, or enhanced adult residential care. Seen in 25 SEC filings
- Residential Facility means any family home, group care facility, or similar establishment determined by a relevant authority, intended for 24-hour nonmedical care of individuals in need of personal services, supervision, or assistance essential for daily living or personal protection. Seen in 25 SEC filings
- Residential Facility means any family home or group care. Seen in 22 SEC filings
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of residential facility' yourself to verify these results. We are always keen to point people to source documents.
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Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Residential Facility means a regulated home or institution providing persistent personal care and support.
Relevant Contract Type
- Real Estate Sale and Purchase Agreement
- Commercial Lease Agreement
- Assisted Living Residence Agreement
Relevant Circumstances
- Acquisition or sale of a residential care facility
- Leasing a building for use as a residential care facility
- Establishing an assisted living residence
Relevant Sectors
Genie Definition 2
Residential Facility means a licensed housing establishment offering specific, ongoing care services.
Relevant Contract Type
Relevant Circumstances
- Franchising a residential facility brand
- Providing specialized support services within a residential facility
- Leasing a facility for use as a specialized residential care facility
Relevant Sectors
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Residential Facility means a regulated home or institution providing persistent personal care and support.
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