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Referral and placement fee agreement - California Home for Seniors 2026

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The document is a Referral and Placement Fee Agreement between A Home for Seniors (AHS) and a Residential Care Facility for the Elderly (RCFE). It outlines the terms of referral, payment obligations, confidentiality, and responsibilities of both parties regarding the placement of individuals in RCFE. Key points include payment due 30 days after occupancy, fees based on the first month's rent, and conditions for client retention and notification.

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Click ‘Get Form’ to open the Referral and Placement Fee Agreement in the editor.
Begin by filling in the RCFE Facility Name, Address, City, State, ZIP, Phone, Fax, Email, and Website. Ensure all contact information is accurate for effective communication.
Review Section 1 regarding AHS's referral process. Familiarize yourself with the obligations of both parties concerning acceptance notifications and payment timelines.
In Sections 4 through 8, carefully note the payment terms and conditions. Fill in any applicable details regarding fees associated with resident placements.
Complete the Facility Representative section at the end of the document. Ensure that you print your name, title, sign, and date it accurately.

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What is a referral finders fee agreement?

A referral or finders agreement to be entered into by a seller of goods or service provider to pay a referral fee, also called a finders fee, to anybody who makes an introduction or discovers an opportunity that results in a sale.

What is a senior placement agency?

A senior living placement agency is a service that helps individuals and families find the right senior living options. These options include assisted living communities, independent living communities or retirement communities, memory care, nursing homes, and other elder care residences.

What is a typical referral fee?

The fees, typically in cash, could be anywhere from 5% to 25% of the total sale, depending on the type of transaction. The referral fee motivates the referrer to recommend the business, bring in new customers, and facilitate sales.

What is a basic referral fee agreement?

A referral agreement (sometimes referred to as an introduction agreement, commission agreement or finders fee agreement). This agreement is for use between a supplier or service provider and another company that refers potential clients to the supplier or service provider in return for a commission.

What is a referral agreement?

A referral agreement is a legal contract that defines a partnership between a service provider and a referral partner that earns commission on sales. The contract sets out the terms of a partnership wherein one party is referring qualified leads or customers to the other partner in exchange for rewards or compensation.

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How much is the assisted living referral fee?

The assisted living residence compensates the assisted living referral service. Typically, the referral service receives the equivalent of one months rent in compensation.

What is the purpose of a referral fee?

A finders fee or referral fee is a payment made to the person or entity that facilitated a deal by linking up a potential customer with an opportunity. It is a reward and can be an incentive for the facilitator of the transaction to keep providing referrals to the buyer or seller in the deal.

Referral and placement fee agreement - California Home for Seniors 2026

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