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§ 50414. Share of Encumbrances Determination.

22 CA ADC § 50414Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 22. Social Security
Division 3. Health Care Services
Subdivision 1. California Medical Assistance Program (Refs & Annos)
Chapter 2. Determination of Medi-Cal Eligibility and Share of Cost
Article 9. Property
22 CCR § 50414
§ 50414. Share of Encumbrances Determination.
Currentness
(a) The share of encumbrances shall be determined as follows:
(1) Determine the total market value of the property.
(2) Determine the market value of the portion of the property that is to be considered.
(3) Divide the amount determined in (2) by the amount determined in (1) to obtain the percentage that the portion of property is of the total property.
(4) Multiply the total encumbrances on the property by the percentage determined in (3) above. This is the share of encumbrances.
This database is current through 6/21/24 Register 2024, No. 25.
Cal. Admin. Code tit. 22, § 50414, 22 CA ADC § 50414
End of Document