(1) An applicant for a registration as a continuing care retirement community must submit the following materials to the department:
(a) A written application to the department providing all necessary information on a form provided by the department;
(b) Information about the licensed assisted living facility component of the continuing care retirement community and, if the continuing care retirement community operates a nursing home, information about that component;
(c) Copies of any residency agreements that the continuing care retirement community intends to use for the certification period;
(d) A written statement indicating whether the residency agreement includes an entrance fee in lieu of payment for future care and services and, if so, whether those services are covered completely or partially by the entrance fee;
(e) A copy of the disclosure statement that includes current information required by RCW 18.390.060;
(f)(i) Except as provided in (f)(ii) of this subsection, copies of audited financial statements for the two most recent fiscal years. The audited financial statement for the most current period may not have been prepared more than eighteen months prior to the date that the continuing care retirement community applied for its current registration;
(ii) If the continuing care retirement community:
(A) Has obtained financing, but has been in operation less than two years, a copy of the audited financial statement for the most current period, if available, and an independent accountant's report opinion letter that has evaluated the financial feasibility of the continuing care retirement community; or
(B) Has not obtained financing, a summary of the actuarial analysis for the new continuing care retirement community stating that the continuing care retirement community is in satisfactory actuarial balance;
(g) An attestation by a management representative of the continuing care retirement community that the continuing care retirement community is in compliance with the disclosure notification requirements of RCW 18.390.060; and
(h) Payment of any registration fees associated with the department's cost of registering continuing care retirement communities.
(2) The department shall base its decision to issue a registration on the completeness of the application. If an application is incomplete, the department shall inform the applicant and give the applicant an opportunity to supplement its submission. An applicant may appeal a decision of the department to deny an application for registration.
(3) The department shall issue the registration within sixty days of the receipt of a complete application, payment of fees, submission of disclosures, residency agreements, and the attestation. The department's failure to timely issue a registration may not cause a delay in the change of ownership and ongoing operation of the continuing care retirement community.
(4) Registration is valid for two years.
(5) Registration is not transferable.
(6) Materials submitted pursuant to this section are not subject to disclosure under the public records act, chapter 42.56 RCW.
[ 2025 c 218 s 2; 2016 c 183 s 3.]
(1) An applicant for a registration as a continuing care retirement community must submit the following materials to the department:
(a) A written application to the department providing all necessary information on a form provided by the department;
(b) Information about the licensed assisted living facility component of the continuing care retirement community and, if the continuing care retirement community operates a nursing home, information about that component;
(c) Copies of any residency agreements that the continuing care retirement community intends to use for the certification period;
(d) A written statement indicating whether the residency agreement includes an entrance fee in lieu of payment for future care and services and, if so, whether those services are covered completely or partially by the entrance fee;
(e) A copy of the disclosure statement that includes current information required by RCW 18.390.060;
(f)(i) Except as provided in (f)(ii) of this subsection, copies of audited financial statements for the two most recent fiscal years. The audited financial statement for the most current period may not have been prepared more than eighteen months prior to the date that the continuing care retirement community applied for its current registration;
(ii) If the continuing care retirement community:
(A) Has obtained financing, but has been in operation less than two years, a copy of the audited financial statement for the most current period, if available, and an independent accountant's report opinion letter that has evaluated the financial feasibility of the continuing care retirement community; or
(B) Has not obtained financing, a summary of the actuarial analysis for the new continuing care retirement community stating that the continuing care retirement community is in satisfactory actuarial balance;
(g) An attestation by a management representative of the continuing care retirement community that the continuing care retirement community is in compliance with the disclosure notification requirements of RCW 18.390.060;
(h) Beginning July 1, 2027, if the applicant offers residency agreements that include life care contracts, an actuarial analysis for review pursuant to the process in RCW 18.390.100. The actuarial analysis must have been prepared by a qualified actuary and include an actuarial memorandum and certification. The actuarial analysis submission requirement applies to every other registration renewal application beginning with the second renewal application. The department may stagger the initial imposition of the requirements of this section, as applied to renewal applications, to allow the office to conduct its responsibilities under RCW 18.390.100 on a regular basis without fluctuations in workflow; and
(i) Payment of any registration fees associated with the department's cost of registering continuing care retirement communities.
(2) The department shall base its decision to issue a registration on the completeness of the application and, as required, the receipt of a notice of completion of an actuarial analysis review from the office under RCW 18.390.100. If an application is incomplete, the department shall inform the applicant and give the applicant an opportunity to supplement its submission. An applicant may appeal a decision of the department to deny an application for registration to the department.
(3) The department shall issue the registration within 60 days of the receipt of a complete application, payment of fees, submission of disclosures, residency agreements, the attestation, and, as required, the actuarial analysis. If an application requires review of the actuarial analysis by the office and all other materials have been deemed sufficient by the department, the department may issue a provisional registration while the results of the review of the actuarial analysis are pending. The department's failure to timely issue a registration may not cause a delay in the change of ownership and ongoing operation of the continuing care retirement community.
(4) Registration is valid for two years.
(5) Registration is not transferable.
(6) Materials submitted pursuant to this section are not subject to disclosure under the public records act, chapter 42.56 RCW.
[ 2026 c 140 s 2; 2025 c 218 s 2; 2016 c 183 s 3.]
Notes:
Effective date—2026 c 140: See note following RCW 18.390.010.