The Principal home, is generally the place in which a person resides for the greatest amount of time each year. This must be established in order to assess whether or not a person is a homeowner [2].
More ? [3]
The value of any right or interest a person has in their principal home is disregarded from the value of that person's assets.
More ? [4]
If a non-homeowner pays rent, they may be eligible to receive rent assistance.
More ? [5]
A person can reside in several different types of care. Rent assistance is not payable if residential care is Australian government subsidised.
More ? [6]
There are three types of special residences:
Homeownership status for these types of residences, depends on the amount of entry contribution paid.
More ? [7]
A person is a homeowner if they have a right or interest, which gives reasonable security of tenure in the principal home.
Refer to sections 52Q and 52R of VEA for the definition when determining if a person is a considered to be a homeowner when living in a special residence.
A person is also considered to be a homeowner if they have sold their home in the previous 12 months and intend to use part or all of the proceeds to purchase another home.
Links
[1] https://clik.dva.gov.au/user/login?destination=node/16032%23comment-form
[2] https://clik.dva.gov.au/%23
[3] https://clik.dva.gov.au/book/export/html/16032#tgt-cspol_part9_ftn93
[4] https://clik.dva.gov.au/book/export/html/16032#tgt-cspol_part9_ftn94
[5] https://clik.dva.gov.au/book/export/html/16032#tgt-cspol_part9_ftn95
[6] https://clik.dva.gov.au/book/export/html/16032#tgt-cspol_part9_ftn96
[7] https://clik.dva.gov.au/book/export/html/16032#tgt-cspol_part9_ftn97
[8] https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/92-residential-situation/922-basic-principles-assessment/principal-home
[9] https://clik.dva.gov.au/book/export/html/16032#ref-cspol_part9_ftn93
[10] https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/92-residential-situation/922-basic-principles-assessment/homeowners-basic-assessment-rules
[11] https://clik.dva.gov.au/book/export/html/16032#ref-cspol_part9_ftn94
[12] https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/92-residential-situation/922-basic-principles-assessment/non-homeowners-basic-assessment-rules
[13] https://clik.dva.gov.au/book/export/html/16032#ref-cspol_part9_ftn95
[14] https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/92-residential-situation/924-care-assessment-rules
[15] https://clik.dva.gov.au/book/export/html/16032#ref-cspol_part9_ftn96
[16] https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/92-residential-situation/925-special-residence-assessment-rules
[17] https://clik.dva.gov.au/book/export/html/16032#ref-cspol_part9_ftn97