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Aged, Blind and Disabled Policy Manual Number: 110.060 Section: Financial Eligibility Requirements Chapter: ABD Inaccessible Resources August 01, 2024 TennCare 8 benefits retroactively to the date of closure. In order for the real property to continue in its exclusion status, it must remain on the market until it is sold or until the individual’s case is closed. iii. Mortgage Exclude the value of a mortgage or note effective the date of the written verification or prior to that date if similar (documented) conditions existed, whichever is earlier. iv. Asset Previously Excluded At least 30 days before the redetermination is due, begin the review of asset availability. In order for property to retain its exclusion under the terms of this item, it must remain on the market until sold or the individual is no longer eligible. The individual must provide current verification of the following regarding the property: • The property is advertised for sale using at least two methods of advertisement OR is listed with a broker; AND • Is listed with a reasonable asking price; AND • The individual has not declined any reasonable offers. In order to continue exclusion of the unpaid principal on a mortgage or promissory note, the individual must provide current (no older than 30 days) verification of his reasonable effort to sell as defined above. 7. Lien Consider unavailable to the individual any portion of real or personal property against which a legal lien has been filed. The equity value in the remaining portion is an available asset. Do not exempt any portion of an asset under the provisions of this item until it is established that the lien is legal, i.e., filed, UNLESS the lien is one pending filing by the Department of Disability and Aging (DDA). Deduct the amount of the legal (filed) lien from the individual’s equity value in the asset to determine the portion that remains a countable asset. Record the following information regarding the lien in the eligibility system: • Name of the party filing the lien; • Total amount of the lien; • Filing date; and • Place filed.