Kan. Admin. Regs. § 129-6-108 - Real property
(a)
Definitions.
(1) "Home" shall mean the house
or shelter in which the applicant or recipient is living, as well as the tract
of land and contiguous tracts of land upon which the house and other
improvements essential to the use or enjoyment of the home are located. Tracts
of land shall be considered to be contiguous if lying side by side, except for
streets, alleys, and other easements. Pieces of property that touch only at the
corners shall not be considered to be contiguous.
(2) "Other real property" shall mean real
property other than a home, including land and buildings.
(b) Treatment of real property. The equity
value of non-exempt real property shall be deemed a resource. If a specific and
discrete property interest of less than 100 percent is designated for real
property, the full value shall be considered in the determination of
eligibility, regardless of the exemptions specified in subsection
(d).
(c) Substantial home equity.
Each person who applies for long-term care on or after January 1, 2006 and has
an equity interest in a home in excess of $500,000 shall be ineligible for
payment of care for a nursing facility or other institutional arrangement, HCBS
arrangement, or PACE arrangement, unless one of the following persons continues
to reside in the home:
(1) The person's
spouse;
(2) the person's child, if
the child meets the criteria of K.A.R. 129-6-85(b) or (c); or
(3) the person's child, if the child is under
the age of 21.
The $500,000 limit shall be increased beginning in calendar year 2011 from year to year based on the percentage increase in the consumer price index for all urban consumers based on all items and the United States city average, rounded to the nearest $1,000.
(d) Exempted real property. The equity value
of the following classifications of real property shall be exempt, except as
noted in subsections (b) and (c):
(1) The
home, except either of the following:
(A) A
home from which an applicant or recipient has been absent and does not intend
to return; or
(B) a home from which
a person who enters an institutional living situation has been absent for at
least three months, unless the absence is determined to be temporary or a
spouse, dependent child, or another dependent relative remains in the
home;
(2) other real
property that is essential for employment or self-employment;
(3) income-producing other real property that
is used in an individual's trade or business or that produces income consistent
with its fair market value;
(4)
restricted or allotted land held by an enrolled member of an Indian tribe that
cannot be sold or transferred without permission of other members of the tribe
or a federal agency; and
(5) real
property that is directly related to the maintenance or use of a vehicle that
is used primarily for producing income or is necessary to transport a
physically disabled household member.
Notes
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