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wife whereby each member has ownership interest in the whole property which is indivisible. Upon the death of one, the survivor becomes sole owner. When a marriage has been legally dissolved, the former spouses become owners in common of the property. o Ownership of real property can also consist of a legal right to the use of property without having title to it. • Life Estate: A life estate conveys to an individual certain rights in property for their lifetime. The owner of a life estate generally has the right of possession and use the property, as well as the right to obtain profits from the property, and to sell their life estate interest. However, the deed establishing the life estate may restrict one or more rights of the individual. Ownership of a life estate interest may affect eligibility for certain assistance programs. (Refer to Section 2605.25.10.05.) • Remainder Interest: When an individual conveys property to one person for life (life estate holder) and to a second person (the remainderman) upon the death of the life estate holder, both a life estate interest and a remainder interest are created in the property. A remainderman cannot sell their interest in the property while the life estate holder is alive, unless otherwise specified in the deed. At the death of the life estate holder, the remainderman will hold full title. (Refer to Section 2605.25.10.05.) • Reversion Interest: When an individual owner conveys property to another person for life (life estate holder) and to themselves (the reversioner) upon the death of the life estate holder, both a life estate interest and a reversion interest are created in the property. A reversioner cannot sell the property while the life estate holder is alive. At the death of the life estate holder, the reversioner would hold full title. (Refer to Section 2605.25.10.05.) 2620.10.00 VERIFICATION OF REAL PROPERTY OWNERSHIP Ownership of real property can be verified from one or more of the following sources: • Deed • Mortgage • Property tax receipts (current only) County treasurer's records, or Title search. 2620.15.00 EXEMPT REAL PROPERTY RESOURCES Certain real property is exempt from being considered as a resource. This determination is program specific so that the exemption or non-exemption of real property must be in accordance with program requirements as explained in the following passages. 2620.15.10 THE HOME (MED 1, 4) A home is exempt when it is the principal residence of any of the following: • The applicant/recipient