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✨ Residence and Care Agreements

Use of resident fees from one campus to fund expen...
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The corporate entity holding the property (and providing services) to the resident campus with which I signed my Type A contract has now added a second campus, with a Type A contract tied to residence at the second campus. In the process, the parent corporation has used funds from my contracted campus to fund massive expenses of the second campus, which I believe violates the terms of my individual contract with the corporation (in my reading of the contract, the only legitimate use of the funds I pay are for the ownership of the named campus, operating expenses thereof, and payment for services rendered under the contract to the residents of the campus). In other words, it appears to be strictly a matter of contract law. Are any NaCCRA members aware of court rulings on this issue?


Doug Thayer

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