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TeachMeFinance.com - explain Institutional living quarters Institutional living quarters
Space provided by a business or organization for long-term housing of individuals whose reason for shared residence is their association with the business or organization. Such quarters commonly have both individual and group living spaces, and the business or organization is responsible for some aspects of resident life beyond the simple provision of living quarters. Examples include prisons; nursing homes and other long-term medical care facilities; military barracks; college dormitories; and convents and monasteries.
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