Home Ownership field on the Accommodation Details (AC) screen 108-18092638

A customer is considered to own their principal home when they and/or their partner:

• own the property outright
• are purchasing the property
• have an interest in the property, for example, they own a percentage of the property with someone other than their partner or by way of a Sale leaseback agreement)
• have the right to use their principal home for life which was established by a deceased estate or third party
• leave the principal home they own to enter aged care or other care situation, and retain ownership of the vacated principal home
• have a deemed interest in the principal home for example, the home is owned by a Trust or Company in which the customer has an interest and that interest gives the customer reasonable security of tenure
• sell their principal home and intend to repurchase and proceeds are determined to be exempt an asset
• own their principal home but temporarily live elsewhere

Note: this includes ownership of mobile accommodation such as a caravan, tent or boat, when it is their principal home and the customer has reasonable security of tenure. See Assessing caravans, boats and park homes to determine home ownership

Does the customer and/or their partner meet one of the above criteria?

• Yes, customer is a home owner, see Step 1 in Table 3
• No, go to Step 2

The customer can financially secure a right to live in their accommodation for life (for example, granny flat interest, enter a retirement village or live in shared equity housing) by:

• paying, or agreeing to pay a lump sum amount (for example, entry contribution or shared equity), or
• transferring, or agreeing to transfer assets

Has the customer financially secured a right to live in their accommodation for life in one of the above ways?

• Yes, go to Step 3
• No, customer is a non-homeowner, see Step 1 in Table 2

To determine home ownership status, compare:

• the entry contribution and
• the Extra Allowable Amount (EAA)
• the EAA is the difference between the homeowner and non-homeowner assets limits at the time the arrangement was created

If the entry contribution is more than the EAA, the customer is a homeowner.

Is the entry contribution more than the EAA?

• Yes, customer is a homeowner, see Step 1 in Table 3
• No, customer is a non-homeowner, see Step 1 in Table 2

A customer is a non-homeowner when they do not have a right or interest that gives them reasonable security of tenure in their principal home.

Coding the correct non-homeowner option in the Home Ownership field on the AC screen will ensure the non-homeowner assets test will apply to the customer.

Special residences include:

• granny flats when entry contribution is equal to or less than EAA
• retirement villages when entry contribution is equal to or less than EAA
• sale - leaseback homes, for more information see References
• shared equity housing when entry contribution is equal to or less than EAA

Is the customer a non-homeowner who lives in a special residence?

• Yes, the correct Non-homeowner option to select is Lives in Special Residence - SRN. Go to Step 7
• No, go to Step 3

This applies if the customer is:

• paying for a life interest or right to accommodation for life
• living in a private residence that is to be their principal home, and
• entry contribution is equal to or less than the EAA

Do all of the above apply?

• Yes, the correct Non-homeowner option is Purchased life tenancy - PLT. Go to Step 7
• No, go to Step 4

The Aged Care Processing Team enters this code. An Aged Care Assessment may be needed. Service Officers not in the Aged Care Processing Team, see Change of address to an aged care home.

Is the customer a non-homeowner in a government funded bed in an accredited aged care home?

• Yes, the correct Non-homeowner option is Non homeowner in Govt funded aged care - GFN. Go to Step 7
• No, go to Step 5

Is the customer a non-homeowner who lives permanently, or temporarily for at least 14 days, in a care facility that is listed below?

• multi-purpose service facility
• non-subsidised (unfunded) bed, in an accredited aged care home
• non-accredited aged care
• National Aboriginal Torres Strait Islander Flexible Aged Care (NATSIFAC)
• hospital as a nursing home type patient awaiting admission to an aged care home
• a detoxification clinic, rehabilitation centre, mental health facility or similar institution

If:

• Yes, the correct non-homeowner option is Lives in Nursing Home - NHN. Go to Step 7
• No, go to Step 6

If none of the above circumstances apply, the correct Non-homeowner option is Non-homeowner - NHO.

Go to Step 7.

Was the customer previously a homeowner?

• Yes, no matter whether they have sold the previous home or kept it:
• an update to real estate details may be needed
• an update to other assets may be needed for example, financial assets
• Include asset changes on the DOC
• go to Step 8
• No, go to Step 8

See Completing the Accommodation Details (AC) screen and assessing Rent Assistance (RA) to finalise the update.

Note: if this procedure was accessed from that page, it will have opened in a new window. Close this procedure and return there.

A customer is a homeowner when they have a right or interest that gives them reasonable security of tenure in their principal home.

Coding the correct homeowner option in the Home Ownership field on the AC screen will ensure the homeowner assets test will apply to the customer.

Has the customer sold their home and intends to purchase, build, repair or renovate a new principal home?

• Yes, the correct Homeowner option is Lives elsewhere - LHO. Go to Step 11
• No, go to Step 3

Is the customer a homeowner who has temporarily vacated their principal home?

• Yes, the correct Homeowner option is Lives elsewhere - LHO .Go to Step 11
• No, go to Step 4

Special residences include:

• granny flats when entry contribution is greater than EAA
• retirement villages when entry contribution is greater than EAA
• sale - leaseback homes, for more information see References
• shared equity housing when entry contribution is greater than EAA

Is the customer a homeowner who lives in a special residence?

• Yes, the correct Homeowner option is Lives in a special residence - SRH. Go to Step 11
• No, go to Step 5

The Aged Care Processing Team enters this code. An Aged Care Assessment may be needed. Service Officers not in the Aged Care Processing Team, see change of address to an aged care home.

Is the customer a homeowner whose principal home is exempt from the assets test as they are in a government funded bed in an accredited aged care home?

• Yes, the correct Homeowner option is Homeowner in Govt funded Aged Care - GFH. Go to Step 11
• No, go to Step 6

Is the customer a homeowner whose principal home is exempt from the assets test as they have moved permanently, or temporarily for at least 14 days, into a care facility that is listed below?

• multi-purpose service facility
• non-subsidised (unfunded) bed, in an accredited aged care home
• non-accredited aged care
• National Torres Strait Islander Flexible Aged Care (NATSIFAC) program
• hospital as a nursing home type patient awaiting admission to an aged care home
• a detoxification clinic, rehabilitation centre, mental health facility or similar institution

If:

• Yes, the correct Homeowner option is Lives in a Nursing Home - NHH. Go to Step 11
• No, go to Step 7

If the customer has the right to the use of a home for life, was it established by a deceased estate or a third party?

• Yes, the correct Homeowner option is Bequeathed life interest - LIF. Go to Step 11
• No, go to Step 8

A customer has a deemed interest in a residence where they:

• have a right to the use of a home for life, or
• have created a life interest or a right of occupancy in a private home for their own benefit

Does the customer have a deemed interest in a residence?

• Yes, the correct Homeowner option is Deemed interest - DEE. Go to Step 11
• No, go to Step 9

A customer is a homeowner when they and/or their partner own the principal home they live in, even if there is:

• a mortgage, or
• joint ownership (any % of ownership)

This includes mobile homes, for example caravan, boat or tent if the customer has reasonable security of tenure. See Assessing caravans, boats and park homes to determine home ownership.

Does the customer and/or their partner jointly or singly own, or purchasing their principal home?

• Yes, the correct Homeowner option is Jointly/singly owns or purchasing home - HOM. Go to Step 11
• No, go to Step 10

Use this option rarely. Customers normally fit into a category above.

If none of the above circumstances apply, the correct Homeowner option is Owns home but can't be classified by above - OTH. Go to Step 11.

Consider whether any other updates are required in response to the sale, purchase or change to the persons principal home:

• sold their previous principal home
• an update to real estate details may be needed
• permanent vacation of principal home
• an update to other assets may be needed for example, financial assets
• temporary vacation of principal home

Include relevant details and asset changes on the DOC.

Go to Step 12.

See Completing the Accommodation Details (AC) screen and assessing Rent Assistance (RA) to finalise the update.
Note: if this procedure was accessed from that page, it will have opened in a new window. Close this procedure and return there.