Nursing home contracts govern the rights and responsibilities of nursing homes and their residents and include many important provisions such as services, charges, cost of living increases, resident funds deposited, room assignments, Medicare and Medicaid requirements, move-out conditions, liability for injury or loss of personal property, consent to medical procedures, visitation hours, dispute resolution, and guarantee of payment of nursing home charges by a family member or other person.

In New Mexico, nursing home contracts are legal documents that outline the obligations and rights of both the nursing home and its residents. These contracts typically detail the services provided, associated charges, and policies regarding cost of living increases. They also cover the management of resident funds, room assignment protocols, and the facility's policies on Medicare and Medicaid. Move-out conditions, such as those triggered by changes in a resident's health status, are specified, as well as the nursing home's liability for injuries or loss of personal property. The contracts should address consent to medical procedures and outline visitation rights. Dispute resolution methods, such as arbitration or mediation, are often included to handle potential conflicts. Additionally, some contracts may contain a guarantee of payment clause, which could obligate a family member or another person to ensure the payment of nursing home charges. It's important for residents and their families to carefully review these contracts and understand their implications. State statutes and federal laws, including the Nursing Home Reform Act and applicable New Mexico state laws, provide a regulatory framework to ensure the protection of residents' rights within these contracts.