FAASTA.E State Assistance Authorization (STAA) : 04 State Assistance Types of Resources - Overview : E State Assistance Types of Resources - Types of Other Assets : .05 State Assistance Types of Resources - Types of Other Assets - Mortgages, Promissory Notes, and Sales Contracts
.05 State Assistance Types of Resources - Types of Other Assets - Mortgages, Promissory Notes, and Sales Contracts
The balance owed to a participant for a sales contract, mortgage, or promissory note is COUNTABLE.
 
When mortgages or sales contracts are considered income, see Mortgages, Income.