Any fee in excess of $1,500 paid by a prospective resident to secure a priority right to subscribe to a continuing care agreement shall be escrowed in an escrow account governed by an escrow agreement as prescribed by Section 651.033, F.S., and shall not be released except as provided by Chapter 651, F.S.
Fla. Admin. Code Ann. R. 69O-193.018
Rulemaking Authority 651.015(3) FS. Law Implemented 651.033(4) FS.
New 7-16-92, Formerly 4-193.018.