Gather Necessary Documents to Ensure Smooth Management Transition

Taking over the management of an assisted site from its owner or from another management company is a tricky procedure. Unlike at conventional sites, there are many compliance issues at assisted sites that can complicate the transition. You need to get up to speed quickly on how the site is regulated and operated, says management consultant Doug Chasick. And you'll need to show HUD that you know what you're doing, so you can get HUD approval to manage the site.

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