TN 7 (03-99)
Property that meets the definition of a resource (SI 01110.100
B.1.) is a resource even if it has no value to count; i.e., has a CMV of zero (SI 01110.100 B.2.).
An unsuccessful attempt to sell property at its estimated CMV may suggest that the
property has a lesser CMV than estimated, but does not necessarily mean that the property
has no CMV at all.
For the effect of reasonable but unsuccessful efforts to sell real property, see SI 01130.140.
Should property that has been determined to have no CMV be sold, the proceeds of the
sale represent the conversion of a resource, not income (SI 01110.600 B.4.).