7 CFR 763.4 - Authorized land contract purpose.

Regulations last checked for updates: May 03, 2024

Title 7 - Agriculture last revised: Nov 16, 2024

View all text of Part 763 [§ 763.1 - § 763.23]

§ 763.4 - Authorized land contract purpose.

The Agency will only guarantee the Contract installments, real estate taxes and insurance; or outstanding principal balance for an eligible seller of a family farm, through a land contract sale to an eligible beginning or socially disadvantaged farmer.

authority: 5 U.S.C. 501 and 7 U.S.C. 1989.

source: 76 FR 75430, Dec. 2, 2011, unless otherwise noted.

cite as: 7 CFR 763.4