{"data":{"id":"us/45-cfr-1631.21","jurisdiction":"us","citation":"45 CFR 1631.21","heading":"Retaining income from sale of real estate purchased with LSC funds.","body":"(a) During the term of an LSC grant or contract, a recipient may retain and use income from any sale of real estate purchased with LSC funds according to 45 CFR 1630.17 (Cost Standards and Procedures: Applicability to derivative income.) and 45 CFR 1628.3 (Recipient Fund Balances: Policy.).\n(b) The recipient must account for income earned from the sale, rent, or lease of real or personal property purchased with LSC funds according to the requirements of 45 CFR 1630.17.","path":["Title 45—Public Welfare","Subtitle B—Regulations Relating to Public Welfare","CHAPTER XVI—LEGAL SERVICES CORPORATION","PART 1631—PURCHASING AND PROPERTY MANAGEMENT","Subpart E—Real Estate Management"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-45.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:21Z","sha256":"f9fd8c59e1a2e2ba5d340d5cafa16b33f454405246b27664b3fde293a5bbdf67","source_id":"us-cfr","stale":true,"prev":"us/45-cfr-1631.20","next":"us/45-cfr-1632.1"},"notice":"GroundRules: Original legal text. Not legal advice."}