§ 416.1130 Introduction
§ 416.1131 The one-third reduction rule
§ 416.1132 What we mean by “living in another person’s household”
§ 416.1133 What is a pro rata share of household operating expenses
§ 416.1140 The presumed value rule
§ 416.1141 When the presumed value rule applies
§ 416.1142 If you live in a public assistance household
§ 416.1143 If you live in a noninstitutional care situation
§ 416.1144 If you live in a nonprofit retirement home or similar institution
§ 416.1145 How the presumed value rule applies in a nonmedical for-profit institution
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Terms Used In CFR > Title 20 > Chapter III > Part 416 > Subpart K > In-Kind Support and Maintenance

  • Contract: A legal written agreement that becomes binding when signed.
  • Deposition: An oral statement made before an officer authorized by law to administer oaths. Such statements are often taken to examine potential witnesses, to obtain discovery, or to be used later in trial.
  • Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.