Page 12
TANF TANF TANF TANF TANF TANF TANF TANF SNAP SNAP SNAP SNAP SNAP SNAP SNAP SNAP 542.1 Exemption Based on Good Faith Effort to Sell Exempt real property the household is trying to sell at a fair market price for up to six months if the household ● makes a good faith effort to sell the property, and ● signs the Property Exemption and Recipient Repayment Agreement Form 2651. By signing this form the household agrees to sell the property and repay the Division from the net proceeds, the amount of TANF cash assistance received during the six-month period. The household is also advised there is only one six-month exemption per piece of property. If the property is not sold, assistance is terminated at the end of the six-month period and an overpayment is computed when the property is sold. The case must be monitored for sales after assistance is terminated. Exempt real property the household is making a good faith effort to sell at a fair market price. 542.2 Verification of Good Faith Effort to Sell Real Property The household must provide proof; ● the property is for sale, and ● the household has not refused a reasonable offer at fair market price. Review the case in the third month of the exemption period to ensure the property is for sale and the household is making a good faith effort to sell it. Real property the household claims is not saleable is exempt. Verification of this claim must be provided from two different sources in the property’s geographic area. A-542.1 Division of Welfare and Supportive Services RESOURCES Eligibility and Payments Manual Exemption Based on Good Faith Effort to Sell MTL 06/24 Nov 24