7 CFR 767.103

§ 767.103 Managing leased real estate inventory property.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 767.103, § 767.103 Managing leased real estate inventory property, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/20057
Permanent ID: ys:prov:20057@1
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Full text

(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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.