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Federal regulations · Through 2026-08-25 · Newer source version available

7 CFR 763.15: Taxes and insurance.

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Where this section sits in the code
  1. Title 7—Agriculture
  2. Subtitle B—Regulations of the Department of Agriculture
  3. CHAPTER VII—FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
  4. SUBCHAPTER D—SPECIAL PROGRAMS
  5. PART 763—LAND CONTRACT GUARANTEE PROGRAM

(a) The seller will ensure that taxes and insurance on the real estate are paid timely and will provide the evidence of payment to the escrow or servicing agent.

(b) The seller will maintain flood insurance, if available, if buildings are located in a special 100-year floodplain as defined by FEMA flood hazard area maps.

(c) The seller will report any insurance claim and use of proceeds to the escrow or servicing agent.

Collected 2026-08-27T02:24:01Z. Source file · JSON

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