7 CFR 763.17
§ 763.17 Approving application and executing guarantee.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 763.17, § 763.17 Approving application and executing guarantee, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/19814
- Permanent ID
ys:prov:19814@1- SHA-256
e5ddcf1b1ca683d5a7fcb1d06400a2d93f60c6f6ca03becf6b940269aa627770
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) Approval is subject to the availability of funds, meeting the requirements in this part, and the participation of an approved escrow or servicing agent, as applicable.
(b) Upon approval of the guarantee, all parties (buyer, seller, escrow or servicing agent, and Agency official) will execute the Agency's guarantee agreement.
(c) The “Land Contract Agreement for Prompt Payment Guarantee” or the “Land Contract Agreement for Standard Guarantee” will describe the conditions of the guarantee, outline the covenants and any agreements of the buyer, seller, escrow or servicing agent, and the Agency, and outline the process for payment of loss claims.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.