Assisted Living Facility Term
Residential care license
Definition
The state license (called an RCFE, ALF, board-and-care, or adult family home depending on the state) that authorizes a facility to house and assist elderly residents with daily living, tied to a named licensee, a specific building, and a bed count.
Why It Matters
The license does not automatically transfer with a sale; a change of ownership needs state approval and a qualified administrator, so its transfer is the gating diligence item.