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Sources for More Information NAC 477 23-005(B)(iii)(4) through 003.05(B)(iii)(6)(a) 477 NAC 23- 003.05(B)(iv) 477 NAC 23-003.05(B)(iii)(4) through 003.05(B)(iii)(6)(a)

Countable Motor Vehicles. Farm and Business Equipment. Land Leases. Definition Classic vehicles, watercraft (boats, jet skis, etc.) recreational vehicles, off-road vehicles (ATVs, dirt bikes, etc.), aircraft, trailers, etc.

Equipment used for the client's trade or business to produce goods for the client's own use or consumption. Applicant-owned land being rented out. Verification Source •Countable Motor Vehicles will be verified electronically if available through the DMV. •If unable to verify, ownership of a countable motor vehicle is verified by the title or loan document.

Provide an estimate from dealer, loan statement, or auctioneer. •A copy of the recorded deed. •Equity value may also need to be requested by the Department in certain situations. When to Verify •Verify at initial application and renewal applications. •Verify if client reports change that affects eligibility. •Only countable vehicles require verification. •At initial and renewal applications. •If the client reports a change that affects eligibility.

•At initial application. •At renewal applications if changes have occurred. •If the client reports change that affects eligibility. Exemptions, Disregards and Comments •Classic Vehicle Definition: A classic vehicle is defined as a vehicle that may not be used for normal transportation to and from work, driven on a daily basis, or used for hire or used for a commercial business. This vehicle may be used for test drives, parades, or hobby- related activities. •Recreational Vehicle Definition: A motor vehicle that is designed to be used as living quarters, but is not currently being used as the primary residence. • Classic or restored vehicles fair market value is determined by retail value in NADA. If the vehicle is not listed or if the client disputes the value, an estimate of the value from a car dealer may be used. • For other vehicles values (ATV, boat etc.) if not available on Kelley Blue Book or other online sources, the value may be obtained by a dealer statement. • If the vehicle is leased the client does not own the vehicle.

•Under certain circumstances, the client’s farm and business equipment may be exempt from consideration as a countable resource.

The equity value of the land is a countable resource. Follow-up Questions •Do you have any classic cars or motorcycles, boats, jet skis, campers, RVs, trailers, or aircraft? •Do you have any vehicles in storage? •Do you have any leased vehicles or payments? Do you own any machinery or farm equipment? •Do you own land in addition to the land your home is on? •Are you leasing or renting land that you own to anyone?