Meadowbrook Village charges three basic fees for each resident. The first is an Entrance Fee, which varies based on the type, size and location of the unit. We refer to our Entrance Fee as a “Lifetime Lease” because it entitles you to enjoy your residence for life, in accordance with the Residence and Care Agreement. Meadowbrook will repay to you a portion of your Entrance Fee whenever you leave our community and your residence is re-occupied.
The second fee is the Basic Monthly Fee, which pays for the operational costs of the community. The Basic Monthly Fee includes landscaping and exterior maintenance costs, security, property taxes, some utilities (water, trash and sewer), access to all the common facilities, and discounts on meals each month in our Dining Room.
The final fee is the Monthly Service Fee, which includes expenses such as housekeeping, laundry, transportation, additional dining service, and assisted living services. Because we only charge you Service Fees for the services you actually use, this fee can be zero and varies depending on your individual needs and preferences.