Page 41

Louisiana Medicaid Eligibility Manual Eligibility Factors

Reissued June 9, 2026

Page 41 of I-1630 Replacing September 23, 2024

Revised/added text indicated by underscore

Deleted text indicated by “**” Conservation Service (for rural land),

• Banks, savings and loans and loan associations, mortgage companies and similar lending institutions,

• An official of the local property tax jurisdiction (i.e., parish assessor).

Note: Be sure to obtain the individual’s market estimate rather than the office’s assessment.

• The County/Parish Agricultural Extension Service.

The file date of ownership and/or transfer of property indicated in courthouse records is recognized as the date that ownership and/or transfer of property officially occurred.

Significance of Ownership

Ownership interests in property, whether real or personal, can occur in various types and forms. Since the type and form of ownership may affect the value of property and even its status as a resource, they are significant in determining resource eligibility.

Types of Ownership

• Sole vs. Shared Ownership

An individual may have sole ownership of a property or share its ownership with others.

Sole ownership of (real or personal) property means that only one person may sell, transfer or otherwise dispose of the property. Sole ownership may be subject to conditions imposed by others, for example, sole ownership of a remainder interest in property.

Shared ownership of (real or personal) property means that two or more people own it concurrently.

• Fee Simple Ownership

Fee simple ownership, which relates only to real property, is