Procedure Jointly Property – Undue hardship would result if the co-owner: Uses the property as his principal of residence. Would have to move if the property was sold. Has no other readily available housing. Example: Mr. Allen and his son jointly own a piece of land. The son and his family live on the property and have no other place to live. Mr. Allen applies for Medicaid. The property is excluded because the sale would cause an undue hardship to his son. However, if the son another house nearby which was vacant and inhabitable, there would be other available housing. In this case, undue hardship would not exist. The value of Mr. Allen’s interest would be countable. 302.14.05 Bona fide Effort to Sell (Eff. 10/01/05) Real property may be excluded if an individual is making a reasonable, bona fide effort to sell it. Such efforts include listing it for sale with a real estate agent, media advertisements, and conducting regular open houses. The individual must maintain their effort to sell unless good cause exists. Good cause exists when circumstances beyond an individual's control prevent his taking the required actions to accomplish reasonable efforts to sell. In addition, he must accept a reasonable offer for the property. In the liberalized resource categories, the resource may be excluded beginning the month it is put up for sale. Procedure Bona Fide Effort to Sell – Types of Verification: Copy of listing with a realtor Advertisement in newspaper or other media sign on property “For ” Step for Eligibility Worker: Set up a tickler file to follow up on the effort to sell. Verification of the continued effort to sell must be documented in the case record. Examples of Good Cause:
Procedure – Jointly Property Undue hardship would result if the co-owner: Uses the property as his principal of residence. Would have to move if the property was sold. Has no other readily available housing. Example: Mr. Allen and his son jointly own a piece of land. The son and his family live on the property and have no other place to live. Mr. Allen applies for Medicaid. The property is excluded because the sale would cause an undue hardship to his son. However, if the son another house nearby which was vacant and inhabitable, there would be other available housing. In this case, undue hardship would not exist. The value of Mr. Allen’s interest would be countable. 302.14.05 Bona fide Effort to Sell (Eff. 10/01/05) Real property may be excluded if an individual is making a reasonable, bona fide effort to sell it. Such efforts include listing it for sale with a real estate agent, media advertisements, and conducting regular open houses. The individual must maintain their effort to sell unless good cause exists. Good cause exists when circumstances beyond an individual's control prevent his taking the required actions to accomplish reasonable efforts to sell. In addition, he must accept a reasonable offer for the property. In the liberalized resource categories, the resource may be excluded beginning the month it is put up for sale. Procedure – Bona Fide Effort to Sell Types of Verification: Copy of listing with a realtor Advertisement in newspaper or other media “For ” sign on property Step for Eligibility Worker: Set up a tickler file to follow up on the effort to sell. Verification of the continued effort to sell must be documented in the case record. Examples of Good Cause:
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