General Relief Policy - Department of Public Social Services

GR 42-200 Property
GR 42-201 –
Definitions
GR 42-201.1 – Real
Property
GR 42-201.2 – Personal
Property
GR 42-201.3 –
Ownership
What is real property?
Real property is described as land and
improvements, including but not limited to, houses,
apartments, commercial buildings, trees and fences.
Also to be evaluated as real property is property
currently in escrow as part of an estate or patented
(e.g., timber or mining rights).
What is personal property?
Personal property is described as “belongings” or
interests in belongings, which may be easily
transported or stored (e.g., stocks, savings bonds,
etc.). Personal property may also be a valuable right,
such as an unpaid debt.
How is the owner of property determined?
The owner of property is the person who holds legal
title to the property except:
• When title is held only for convenience and the
individual has no right to receive the proceeds
from the sale of the property.
EXAMPLE:
The actual owner of an apartment complex is out
of the state and has asked the individual to
manage the property.
• When legal title to property is given up for
convenience, the person giving up title is
considered the owner of the property.
EXAMPLE:
The individual transfers property to his or her
brother, so that the brother can sell it. However,
the actual owner is still the individual and he
would receive the proceeds of the sale.
GR 42-201.4 – Entitled
to Own Property
Who is entitled to own property?