7 CFR 766.153 - Homestead Protection transferability.

Regulations last checked for updates: May 17, 2024

Title 7 - Agriculture last revised: Nov 16, 2024

View all text of Subpart D [§ 766.151 - § 766.200]

§ 766.153 - Homestead Protection transferability.

Homestead protection rights are not transferable or assignable, unless the eligible party dies or becomes legally incompetent, in which case the homestead protection rights may be transferred to the spouse only, upon the spouse's agreement to comply with the terms and conditions of the lease.

authority: 5 U.S.C. 301,7.S.C. 1989, and 1981d(c)

source: 72 FR 63316, Nov. 8, 2007, unless otherwise noted.

cite as: 7 CFR 766.153