Policies

The following policies address Property Requirements:

[GA 131, 170, 171, 172, 180, 181, and 182] 

Lien - GA Policy [131] (For GA Loans prior to 01/01/2014)

The signed Agreement to Reimburse shall be recorded and shall thereby create a lien against all current and future real property owned or purchased by the signee or cosignees of the agreement.

Real Property Not Used as a Home - GA Policy [170] 

An applicant or recipient who owns real property, other than real property used as his or her home, shall be deemed to be receiving income therefrom, such income to be equal to the rental value of the real property.

Real Property Used as a Home - GA Policy [171]

An applicant or recipient may qualify for aid regardless of the value of real property which he or she owns, as long as the real property is used as his or her home.

Transfer of Real Property - GA Policy [172]

Any transfer of real property or an interest in real property by an applicant without adequate consideration within two years prior to the date of application for aid which was for the purpose of qualifying for aid, shall render the applicant ineligible for aid unless the real property or the interest therein is reconveyed to the recipient or is made subject to a lien held by the County.

Personal Property - GA Policy [180]

An applicant or recipient who owns nonexempt personal property with an equity value in excess of $500 shall not be eligible for aid. The net market value of nonexempt personal property shall be verified by the Department.

Exempt Personal Property - GA Policy [181]

The following items are exempt from consideration as personal property:

  • Personal possessions
    • Wedding and engagement rings
    • Heirlooms
    • Clothing
    • Household furnishings and items to equip and maintain a household for the recipient.
  • Equipment and materials, including inventories necessary to implement or continue an approved plan of self-support, when the total value does not exceed $300.
  • One motor vehicle which has a gross market value not exceeding $4,650 following deduction of encumbrances.
  • One irrevocable burial trust per person if the total cost does not exceed $300.
  • One interment plot, vault, or crypt per person, if retained for use by said person.
  • Personal property which is unavailable for the support of applicant or recipient.

Transfer of Personal Property - GA Policy [182] 

The transfer of personal property which has an equity value in excess of $300 without adequate consideration within two years prior to the date of application for aid which was for the purpose of qualifying for aid shall make the applicant ineligible for aid for the length of time the property could have provided a level of support at the maximum level of aid authorized by these policies.

Related Topics

Definitions

Availability of Property

Personal Property

Equipment and Materials for Self Employment

Burial Trust

Motor Vehicle

Real Property Limits

Real Property Not Used as a Home

Conversion of Property

Transfer of Property

Period of Ineligibility