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ESA SNAP Policy Manual 279 Asset Type TANF, GC, RCA SNAP ABD Medicaid and IDA Nonrecurring lump sums, including:  Inheritance  Lawsuit settlements  Lottery winnings  Insurance settlements  Refunds of security deposits for housing or utilities Counted as assets in the month they are received. Nonsaleable assets Excluded. An asset is considered non- saleable when it has no current market value, as shown by one of the following:  Statements from two knowledgeable sources (such as realtors, bankers, stock brokers) in a geographic area that say the asset is not saleable due to a specific condition.  An actual sale attempt at or below fair market value in the geographic area that results in no reasonable offer to purchase an asset for which a fair market value is determined. This is applicable primarily to real property, mortgages, land contracts, life estates and life leases. The asset becomes saleable when a reasonable offer is received. Pending sale of property Count as an asset any income generated from sale of real estate property other than the household's primary residence. Exclude property the household is making a good faith effort to sell. This means all of the following conditions are met:  An actual attempt has been made to sell it at a price no higher than fair market value, confirmed by a listing with a real estate company or advertising the property in a major newspaper.  No reasonable purchase offer has been made.  For active cases, the property is continuously up for sale. If the above conditions are not met, count the household equity in the property as an asset. Primary residence Except for long-term care, exclude the primary residence owned and occupied by the household. Primary residence is the place where the household usually lives. It includes the home, adjoining land and any other buildings on the land. Adjoining land may be separated by roads, rivers and so on, but it may not be owned by someone else. Count all other residences. Probate property Exclude all property held in probate. Property or lot Exclude a lot (including a partially built home) in the District if the person intends for it to become their home and does not own another home. Radiation Exposure Compensation Act Payments, PL 101-325 Excluded Rental payments withheld Exclude rental payments withheld for a rent strike and given to a third party, such as the Landlord Tenant Court or Neighborhood Legal Service. Return