§765.353. Determining market value.
7 C.F.R. § 765.353
Security proposed for disposition.
The Agency will obtain an appraisal of the security proposed for disposition.
The Agency may waive the appraisal requirement when the estimated value is less than $50,000.
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.
Appraisal requirements. Appraisals, when required, will be conducted in accordance with § 761.7 of this chapter.
Notes, amendments, and revision history
Amendments
[72 FR 63309, Nov. 8, 2007, as amended at 86 FR 43392, Aug. 9, 2021]
Authority
Authority: 5 U.S.C. 301 and 7 U.S.C. 1989.
Source
Source: 72 FR 63309, Nov. 8, 2007, unless otherwise noted.
Amendments
[72 FR 63309, Nov. 8, 2007, as amended at 86 FR 43392, Aug. 9, 2021]