<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".09" citation="COMAR 32.02.01.09" title_num="32" subtitle_num="02" chapter_num="01" heading="Application for an Initial Certificate of Registration.">
  <paragraph num="A.">
    <text>A provider shall file an application for an initial certificate of registration on a form provided by the Department.</text>
  </paragraph>
  <paragraph num="B.">
    <text>The application shall include verification that:</text>
    <paragraph num="(1)">
      <text>All licenses and certificates required as of the date of the application from MDH, MHCC, and the Department for the new units have been issued;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Agreements have been executed for at least 65 percent of the independent living units and at least 10 percent of the total entrance fees for each contracted unit has been collected;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>The provider has received a written commitment for permanent long-term financing; and</text>
    </paragraph>
    <paragraph num="(4)">
      <text>Closing on construction financing has taken place.</text>
    </paragraph>
  </paragraph>
  <paragraph num="C.">
    <text>A provider may, when the requirements in §B(1)—(3) of this regulation have been met, request the Department to verify to its construction lender that these requirements have been met to the Department's satisfaction, and that an initial certificate of registration for the new units will be issued when closing on the construction loan has taken place.</text>
  </paragraph>
</regulation>