{"data":{"id":"us/13-cfr-120.550","jurisdiction":"us","citation":"13 CFR 120.550","heading":"What is homestead protection for farmers?","body":"SBA may lease to a farmer-Borrower the farm residence occupied by the Borrower and a reasonable amount of adjoining property (no more than 10 acres and seven farm buildings), if they were acquired by SBA as a result of a defaulted farm loan made or guaranteed by SBA (see the Consolidated Farm and Rural Development Act, 7 U.S.C. 1921, for qualifying loan purposes).","path":["Title 13—Business Credit and Assistance","CHAPTER I—SMALL BUSINESS ADMINISTRATION","PART 120—BUSINESS LOANS","Subpart E—Servicing, Liquidation and Debt Collection Litigation of 7(a) and 504 Loans"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-13.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:18Z","sha256":"adcbb0b1d1c4dc91ff9037d621d428feabdf1dddcc3132f660a4b957bd033b13","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-120.546","next":"us/13-cfr-120.551"},"notice":"GroundRules: Original legal text. Not legal advice."}