1. Regulations
  2. title 7
  3. chapter VII
  4. part 767
  5. subpart C
  6. § 767.103

View all text of Subpart C [§ 767.101 - § 767.150]

§ 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