Real Property Limits

Property Limit

There is NO value limit for real property used as a home. 

Real Property Not Used as Home

Real property NOT used as a home MUST be:

• Considered to be producing a net monthly income of at least 6% a year of the gross market value, AND
• Counted in the eligibility determination.

Refer to Conversion of Property for procedures and examples.

Related Topics

General Assistance Policies

Definitions

Availability of Property

Personal Property

Equipment and Materials for Self Employment

Burial Trust

Motor Vehicle

Real Property Not Used as a Home

Conversion of Property

Transfer of Property

Period of Ineligibility