7 CFR 767.103 - Managing leased real estate inventory property.

Regulations last checked for updates: May 20, 2024

Title 7 - Agriculture last revised: Nov 16, 2024

§ 767.103 - Managing leased real estate inventory property.

(a) The Agency will pay for repairs to leased real estate inventory property only when necessary to protect the Agency's interest.

(b) If the lessee purchases the real estate inventory property, the Agency will not credit lease payments to the purchase price of the property.

authority: 5 U.S.C. 301 and 7 U.S.C. 1989.

source: 72 FR 63358, Nov. 8, 2007, unless otherwise noted.

cite as: 7 CFR 767.103