Colorado Nursing Home Administrators (NHA) Practice Exam 2026 – The All-in-One Guide to Master Your Certification!

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What does a change of ownership NOT include?

Dealing with management contracts

When there is a change of ownership, it typically involves the transfer of ownership to new members or individuals. However, this does not include the management contracts that may be involved in the operation of the business. This means that even though ownership may change, the management arrangements may remain the same, and they are not part of the ownership transfer. Options B, C, and D are incorrect because they all involve some form of transfer or change in ownership.

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Transfer of ownership between existing members without involving new members

Formation of a corporation

Transfer of business operations

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