Frequently Asked Questions
Q: Are pets allowed at the Woodlands?
A: Residents are welcome to share their apartment with a pet. Please discuss with the Woodlands manager during your tour.
Q: When I buy my new home at Copley Woodlands, just what will I own?
A: You will own your entire home from the outside of the interior finished wall including window and from the plywood subfloor to the exterior of the finished ceiling. You will own all the appliances, electrical and plumbing fixtures – but not the delivery system of piping and wiring.
Q: What about common spaces?
A: Copley Woodlands owns the common spaces and provides custodial and maintenance services to keep those areas clean and comfortable.
Q: What if I have to move to a nursing home, or for other reasons, decide to leave Copley Woodlands?
A: You own your home, so you can sell your home. Copley Woodlands will charge a 3% transfer fee. If ownership is in place, there is also an unoccupied monthly service fee.
Q: Can I leave my home at Copley Woodlands to my heirs?
A: Like any real property, you may include your Copley Woodlands home in your will. Should your heirs be qualified and interested in taking up residence, they will be able to do so simply by arranging for the transfer. If not, they are welcome to sell with the same provisions that you, yourself, have for resale.
Q: Can I rent my home or can my heirs rent my home when I leave it to them?
A: Yes, in both situations, as long as the tenants qualify under Copley Woodlands Residency criteria and they rent for a period of at least one (1) year.
Q: Who pays the property taxes if I lease a unit from Copley Woodlands?
A: It is the responsibility of the owner to pay the taxes to the Town of Stowe. If you lease a unit, Copley Woodlands will pay those taxes.
Q: Who is responsible for this retirement community?
A: Copley Woodlands is a non-profit entity that is a partnership of Copley Health Systems, Inc., and the University of Vermont Medical Center. The Board of Directors consists of two members from University of Vermont Medical Center, two from Copley, and two elected residents.