Condominium (housing) in the context of "Retirement home"

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👉 Condominium (housing) in the context of Retirement home

A retirement home – sometimes called an old people's home, old folks' home, or old age home, although old people's home can also refer to a nursing home – or rest home, is a multi-residence housing facility intended for the elderly. Typically, each person or couple in the home has an apartment-style room or suite of rooms with an en-suite bathroom. Additional facilities are provided within the building. This can include facilities for meals, gatherings, recreation activities, and some form of health or hospital care. A place in a retirement home can be paid for on a rental basis, like an apartment, or can be bought in perpetuity on the same basis as a condominium.

A retirement home differs from a nursing home primarily in the level of medical care given. Retirement communities, unlike retirement homes, offer separate and autonomous homes for residents.

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