{"data":{"id":"us/7-cfr-763.22","jurisdiction":"us","citation":"7 CFR 763.22","heading":"Negligence and negligent servicing.","body":"(a) The Agency may deny a loss claim in whole or in part due to negligence that contributed to the loss claim. This could include, but is not limited to:\n(1) The escrow and servicing agent failing to seek payment of a missed installment from the buyer within the prescribed timeframe or otherwise does not enforce the terms of the land contract;\n(2) Losing the collateral to a third party, such as a taxing authority, prior lien holder, etc;\n(3) Not performing the duties and responsibilities required of the escrow or servicing agent;\n(4) The seller's failure to disclose environmental issues; or\n(5) Any other action in violation of the land contract or guarantee agreement that does not terminate the guarantee.\n(b) [Reserved]","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER VII—FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE","SUBCHAPTER D—SPECIAL PROGRAMS","PART 763—LAND CONTRACT GUARANTEE PROGRAM"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"ee7610527a7c2364af3cfee933e4949c2635a2286412c0d1bf8a8cd1f9a8751c","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-763.21","next":"us/7-cfr-763.23"},"notice":"GroundRules: Original legal text. Not legal advice."}