5150-1        AVAILABILITY OF A RESOURCE

1. For purposes of determining Family Medicaid eligibility, a resource must be actually available to meet the needs of the child.  Under this requirement the resource must be in cash or it must be readily convertible to cash.
    

2. If real property appears to have a value (see below) in excess of the resource limit, an applicant may still be considered eligible if he provides verification that:
    

   1. The property is not available because it is jointly owned and the other (non-client) owner will not agree to sell his portion; or
       

   2. The property has uncorrectable legal or physical defects which prevents it being sold.
       

   If either of the requirements above is met, the resource will be considered as unavailable to meet the needs of the applicant's dependent children.  It will be considered exempt as long as either of these conditions are met.