| A | B |
|---|
| Ownership | The legal right to the resource. |
| Joint Ownership | When the right to liquidate or dispose of the property is shared by more than one individual. |
| Availability | Unrestricted legal ability to liquidate or dispose of the resource. |
| Exempt | Not considered in the eligibility determination. |
| Equity | The current fair market value minus the total amount of liens against the property. |
| Fair Market Value | Approximate value of the resource when converted to cash on a specific date. |
| Indebtedness | Amount by which the value of any resource is reduced when sold. |
| Real Property | Land, including buildings or objects attached permanently to the land. |
| Personal Property | All property that is not real property. |
