5154-7        PROPERTY FOR SALE

Real property that the household is making a good faith effort to sell at a reasonable price is exempt.

• A "good faith effort" means that the property is continuously and actively offered for sale at a reasonable price.
   

• "Reasonable price" means it is priced equivalent to the prices of similar pieces of property in the area, and the offer to sell invites additional reasonable offers.
   

• "Actively offered for sale" means that the property is listed with realtors or real estate agents, or is offered privately by at least monthly-classified newspaper ads and visible on-site for sale signs.

Verification of "reasonable price" and "actively-offered for sale" is required.