K. Assets Disposed of for Less than Fair Market Value During Two Years Preceding…

(See paragraph 5.7 G.6.) Suggested information to obtain and acceptable forms of verification are included below.

1. For all certifications and recertifications except those prepared for BMIR tenants, certification as to whether any member of the family has disposed of assets for less than fair market value during the two years preceding effective date of the certification or recertification.

2. If the family certifies that they did dispose of assets for less than fair market value a certification that shows:

   • a. All assets disposed of for less than fair market value;

   • b. The date they disposed of the assets;

HUD Occupancy Handbook Appendix 6-C: Guidance About Types of Information to Request When Verifying Eligibility and Income

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Appendix 6-C

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• c. The amount the family received; and

• d. The market value of the asset(s) at the time of disposition.