Scroll through the following list of Questions and Answers regarding the Cottages at White Rock.

What is the purpose of White Rock?
White Rock Senior Living Community is designed specifically for active adults 55 years of age and older. White Rock will allow residents full privacy and independence. The Cottages can either be purchased or leased.

How is White Rock designed?
White Rock is designed as a traditional New England residential village. Clapboard siding, green shutters, and traditional design give each resident a feeling of warm familiarity and New England charm.

What are the cottage choices?
Only 36 Cottages will be constructed at White Rock, with two basic floor plans. The End Cottage will contain 1,334 square feet of living space on the ground floor with two bedrooms, two baths, kitchen, living room, dining area, entry foyer, and attached garage. The End cottage may be expanded with an additional bedroom and bath on the second floor. The Interior Cottage will contain 1,170 square feet of living space on the ground floor with one bedroom, master bath, powder room, kitchen, living room, dining area, breakfast nook, mud room, entry foyer, and attached garage. The Interior cottage may be expanded with an additional bedroom, bath, and bedroom/study on the second floor.

If I want different features or options in my Cottage, are they available?
Yes. You may customize your Cottage within limits at additional cost. The End Cottage may be expanded with an additional bedroom and bath on the second floor. The Interior cottage may be expanded with an additional bedroom, bath, and bedroom/study on the second floor.

Do I furnish my own Cottage?
Absolutely! Residents are expected to furnish their Cottages and have a choice of flooring and other optional features.

What about my car?
Each Cottage has a garage directly attached and comes with an automatic garage door opener.

What special features and services will be offered at White Rock?
All services offered are optional and the the resident will select and pay directly for only those services needed and desired. Optional features and services may include: central dining with meals; housekeeping; transportation; hair salon for men and women; security and maintenance. Wellness Club and Home Health Services provided through the Concord Regional Visiting Nurses Association.

What will be the total monthly cost to live in the Cottages if I decide to enter into a Residency Lease Agreement?
Monthly cost for each resident will vary, but will most likely include the following, and will be paid by the resident: monthly rent; natural gas for heating; electricity; rubbish and recycling removal; property taxes; telephone; cable television; renter's insurance; other desired optional services.

What costs and services are included in my monthly rent?
The following costs are included in the monthly rental and not paid by the resident: property insurance; building home repairs and maintenance; association dues; yard maintenance & landscaping; snow removal.

What will be the total monthly cost to live in the Cottages if I decide to purchase a Cottage?
Cost for each resident will vary, but will most likely include the following: mortgage payment; property taxes; natural gas for heat; rubbish and recycling removal; telephone and cable TV; electricity; interior building repairs; water and sewer; association fee. The Association Fee will be paid on a monthly basis and will most likely include the following: property insurance; yard maintenance & landscaping; exterior building repairs & maintenance; snow removal; common area electricity; reserve for replacement; management fees.

What are the requirements for residency?
Residents must be 55 years of age or older, must complete an application, must be financially qualified, and must sign a Residency Lease Agreement or Purchase Agreement.

How long is the Residency Lease Agreement?
The Residency Lease Agreement is for the life of the resident(s) or until the resident voluntarily terminates the Agreement or White Rock terminates the Agreement for cause.

Will there be a Security Deposit if I decide to lease?
Yes. The security deposit will be equal to one month's rent and will be paid upon the signing of the Residency Lease Agreement.

Will there be an Entry Fee if I decide to lease?
Yes. The Resident Entry Fee will range from about $45,000 to $100,000 depending upon the type of Cottage and options and custom features you select.

When is the Entry Fee paid if I decide to lease?
The Entry fee will be paid in three installments as follows: Signing of Residency Lease Agreement 25%; 10 days prior to start of construction 50%; 30 days prior to completion of construction 25%.

Is the Entry Fee refundable?
Yes. Should you choose to terminate your Residency Lease Agreement, 90% of your Entry Fee will be refunded once a new resident has signed a Residency Lease Agreement and paid a Resident Entry Fee, assuming this amount does not exceed the then-current Cottage Resident Entry Fee.

If I terminate my Residency Lease Agreement, do I have to continue paying rent?
Yes. You must continue to pay rent until the Cottage is occupied by the next resident, but in no event will rent have to be paid for more than 12 months from the date you vacate the Cottage.

Are pets allowed?
Yes. Pets are allowed, subject to common sense restrictions and respect for your neighbors and the property.

What if I want to move into a smaller apartment in the main building?
Cottage residents may have a priority position on the waiting list for apartments in the main building.

If I lease a Cottage and decide to travel or am hospitalized or in a nursing home, is my Cottage held for me?
Yes. As long as you pay the monthly rent, the monthly costs, and comply with the terms of the Residency Lease Agreement.

Are there resident rules and regulations?
Yes. The rules and regulations will be provided to the resident prior to signing the Residency Lease Agreement or Purchase Agreement. The rules and regulations are intended to be simple, straightforward, and based on common sense.

What is the schedule for construction and occupancy of the Cottages?
The first phase of construction is scheduled to start in late Fall 2003. The remaining Cottages will be constructed as commitments for residency are received.