Glossary

Active Adult Communities: Single-family homes, town homes, cluster homes, manufactured housing and multifamily housing where active adult residents lead an independent, active lifestyle. These communities are not equipped to provide increased care or health-related services, but often include amenities such as a clubhouse, a golf course, walking trails, and other recreational spaces. Outdoor maintenance normally is included in a monthly homeowner's assocation or condominium fee. Services and features may vary.
Assisted Living Communities: State-licensed and regulated rental housing that provides the same services as an independent living community, plus assistance with activities of daily living from trained employees. Many of these facilities include wings or floors dedicated to residents with Alzheimer's or other forms of dementia. Some assisted living facilities provide skilled nursing care, but not for a majority of the residents. Services and features may vary.
CAPS: The Certified Aging-in-Place Specialist (CAPS) is a National Association of Home Builders designation. The CAPS professional is trained in the remodeling needs for individuals that want to remain in their home independently, safely, and comfortably. The CAPS specializes in barrier-free living environments.
Continuing Care Retirement Communities (CCRCs): Age-restricted properties that offer a combination of independent living, assisted living, and skilled nursing services to residents all on one campus. Payment plans vary, but usually include a long-term contract between the resident and the community. Services and features may vary.
Independent Living Centers: Independent Living Centers are typically non-residential, private, non-profit, community-based organizations providing services and advocacy for persons with all disabilities. Services and features may vary.
Independent Living Communities: Age-restricted multifamily rental housing with central dining facilities. As a part of a monthly fee, residents may receive meals, housekeeping, transportation, and social and recreational activities. Services and features may vary.
NAHB: National Association of Home Builders is a trade association that promotes the housing industry by supporting its members and the general public.
Nursing Homes: Properties that are technically known as Skilled Nursing Facilities or Nursing Facilites, where most residents require 24-hour nursing or medical care. Nursing homes are subject to state licensing and regulations and, in most cases, are licensed for Medicaid and Medicare reimbursement as well. They may include some units that provide only the services of an assisted living facility, but these services are not for the majority of the residents. Services and features may vary.
Seller: An individual that has registered on the Real Estate UD web site and advertises a home for sale.
Seniors Apartments: Multifamily rental housing restricted to adults 55 years of age or older. These properties do not have a central kitchen and generally do not provide meals to residents, but may offer community rooms, social activies, and other recreational activities. Services and features may vary.
Vendor: An individual that has registered on the Real Estate UD web site and advertises a product or service. The individual may advertise a company or advertise as a sole proprietor.

Last Updated: 4/22/08

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