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agreement includes a no refund policy, or the landlord provides a statement stating the funds will not be returned to the renter). PROMISSORY NOTE: A promissory note is personal property (a liquid asset). An individual holds legal interest and has the legal ability to make available their share in the note. The equity value of the note (the principal reduced by any lien) is countable. PROPERTY/EQUIPMENT NECESSARY FOR EMPLOYMENT: Property/equipment necessary for employment to produce income is excluded. Self-employment/farm resources may include: 1. Tools/equipment such as those needed by a carpenter, mechanic, cosmetologist, etc. 2. Stock such as office supplies or raw materials. 3. Property essential for income production. 4. Office equipment such as furniture, typewriters, calculators, etc. 5. Inventory. 6. Machinery and equipment; and, 7. Other items needed to produce income. Self-employment equipment is excluded if the individual intends to return to self-employment within a reasonable period of time. Property essential to the self-employment of a household engaged in farming is excluded for only one year after the date the household stopped farming unless they have the intent to return to the business. PROPERTY IN PROBATE: Property in probate is inaccessible and is excluded. RADIATION EXPOSURE: Radiation Exposure Compensation Act payments (P.L. 101-425) are excluded. REAL PROPERTY LISTED FOR SALE: Non-home real property when a good faith effort to sell the property is being made is excluded. A good faith effort to sell could be: 1. Offering the property for sale through a general circulation newspaper or a real estate broker; and, 2. Advertised at a reasonable price. RESOURCES USED AS COLLATERAL (BUSINESS LOAN): If a non-liquid resource is used as collateral for a business loan and cannot be sold because of the security or lien agreement prohibition, the non-liquid resource is excluded. If a liquid resource is used as collateral for a business loan, the equity value is counted as a resource. RESOURCES USED AS COLLATERAL (PERSONAL LOAN):