GroundRules
7 CFR 765.353: Determining market value.
Where this section sits in the code
- Title 7—Agriculture
- Subtitle B—Regulations of the Department of Agriculture
- CHAPTER VII—FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
- SUBCHAPTER D—SPECIAL PROGRAMS
- PART 765—DIRECT LOAN SERVICING—REGULAR
- Subpart H—Partial Release of Real Estate Security
(a) Security proposed for disposition. (1) The Agency will obtain an appraisal of the security proposed for disposition.
(2) The Agency may waive the appraisal requirement when the estimated value is less than $50,000.
(b) Security remaining after disposition. The Agency will obtain an appraisal of the remaining security if it determines that the transaction will reduce the value of the remaining security.
(c) Appraisal requirements. Appraisals, when required, will be conducted in accordance with § 761.7 of this chapter.
Collected 2026-08-27T02:24:01Z. Source file · JSON