Resident Ownership and Governance
Empowerment and engagement
As a Maplewood owner resident, you’ll have all the tax advantages of home ownership, including deductibility of interest and real estate taxes. As a member of the co-op, you may also receive a significant medical deduction. If you decide to relocate, your home can be sold, and you’ll reap the benefits of any appreciation. You can include it as an asset in your trust or estate. Best of all, you won’t have to worry about upkeep and all the chores that go along with home ownership.
Owner residents also help govern Maplewood operations. Two boards ensure that residents have the ultimate decision-making power, one board made up of residents and the other of residents and a group of professionals who have expertise in senior living.
As an owner resident, you’ll have the opportunity to be elected to the board. Or, find your niche by participating in one or more of our 20 clubs and committees devoted to all aspects of life at Maplewood, from dining to activities, health services to budget and finance.
Talk with us about the advantages of Maplewood home ownership.
Maplewood has everything you could ever want in a retirement community.
—Jane, Maplewood owner resident