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Pumkincat Asked March 2018

If someone has $2.100.000 in assets and is applying for Medi-Cal. How long will it be until they are eligible?

Selling the rental and putting tenant on the streets. How long will it be until they are eligible for medical?

GardenArtist Mar 2018
"$2.100.000 " - is that supposed to be $2,100,000?? I'm not being critical, just asking. Sometimes people don't use computers but rather handheld devices when posting and errors end up in the posts. So, is the asset level $2.1 M?

BarbBrooklyn Mar 2018
The question seems to be about Medi-cal ( California Medicaid) eligibility and the sale of a rental property.

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Dorianne Mar 2018
If you are the tenant....in many cases, the owner selling the property will keep the tenants on throughout the sale process.  How long it will take for the property to sell is fairly unknowable.

If the landlord wants to evict, either before or after selling, he/she normally has to give the tenants a certain notice period, in writing.  The usual reason given for eviction in this case is "change of use" of the property. Where I live, it's 2 months notice. The laws are different everywhere, so check your state/provincial landlord-tenant laws - usually available online at your state/provincial government website, and/or at your state/provincial legal aid website.

However, keep in mind that many buyers see long-term tenants as an asset when purchasing property, and choose to renew the rental agreement with the existing tenant.

BarbBrooklyn Mar 2018
I don't understand the question. Please clarify.

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