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exclusion is not a homesite exclusion. For contiguous property to be excluded as the homesite, the a/b must have an ownership interest in the principal place of residence. 2. If a non-allowable transfer of contiguous property is made and the a/b or the a/b’s spouse does not have an ownership interest in the principal place of residence, determine the sanction period using the total uncompensated value of the property. Do not subtract the $12,000 in determining the value of the property.

C. Joint Ownership of Liquid Assets

1. Evaluate for transfer of assets when the a/b takes any action that eliminates their ownership or reduces their control of a liquid asset. Examples include when the a/b adds another individual(s) to a bank account or certificate of deposit.

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exclusion is not a homesite exclusion. For contiguous property to be excluded as the homesite, the a/b must have an ownership interest in the principal place of residence. 2. If a non-allowable transfer of contiguous property is made and the a/b or the a/b’s spouse does not have an ownership interest in the principal place of residence, determine the sanction period using the total uncompensated value of the property. Do not subtract the $12,000 in determining the value of the property.

C. Joint Ownership of Liquid Assets

1. Evaluate for transfer of assets when the a/b takes any action that eliminates their ownership or reduces their control of a liquid asset. Examples include when the a/b adds another individual(s) to a bank account or certificate of deposit.