---
kind: "section"
citation: "26 U.S.C. § 7506"
title: "26"
title_heading: "Internal Revenue Code"
number: "7506"
heading: "Administration of real estate acquired by the United States"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/26/7506"
units:
  - "Subtitle F — Procedure and Administration"
  - "Chapter 77 — Miscellaneous Provisions"
---

# §7506. Administration of real estate acquired by the United States

- (a) **Person charged with—** The [Secretary](/usc/26/7701.md?p=a-11-B) shall have charge of all real estate which is or shall become the property of the [United States](/usc/26/7701.md?p=a-9) by judgment of forfeiture under the internal revenue laws, or which has been or shall be assigned, set off, or conveyed by purchase or otherwise to the [United States](/usc/26/7701.md?p=a-9) in payment of debts or penalties arising under the laws relating to internal revenue, or which has been or shall be vested in the [United States](/usc/26/7701.md?p=a-9) by mortgage or other security for the payment of such debts, or which has been redeemed by the [United States](/usc/26/7701.md?p=a-9), and of all trusts created for the use of the [United States](/usc/26/7701.md?p=a-9) in payment of such debts due them.
- (b) **Sale—** The [Secretary](/usc/26/7701.md?p=a-11-B), may, at public sale, and upon not less than 20 days’ notice, sell and dispose of any real estate owned or held by the [United States](/usc/26/7701.md?p=a-9) as aforesaid.
- (c) **Lease—** Until such sale, the [Secretary](/usc/26/7701.md?p=a-11-B) may lease such real estate owned as aforesaid on such terms and for such period as the [Secretary](/usc/26/7701.md?p=a-11-B) shall deem proper.
- (d) **Release to debtor—** In cases where real estate has or may become the property of the [United States](/usc/26/7701.md?p=a-9) by conveyance or otherwise, in payment of or as security for a debt arising under the laws relating to internal revenue, and such debt shall have been paid, together with the interest thereon, at the rate of 1 percent per month, to the [United States](/usc/26/7701.md?p=a-9), within 2 years from the date of the acquisition of such real estate, it shall be lawful for the [Secretary](/usc/26/7701.md?p=a-11-B) to release by deed or otherwise convey such real estate to the debtor from whom it was taken, or to his heirs or other legal representatives.

## Source credit

(Aug. 16, 1954, ch. 736, 68A Stat. 896; Pub. L. 89–719, title I, § 111(b), Nov. 2, 1966, 80 Stat. 1145; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)

## Notes

### Editorial Notes

### Amendments

1976—Subsecs. (a) to (d). Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing.

1966—Subsec. (a). Pub. L. 89–719 inserted reference to real estate which has been redeemed by the United States.

### Statutory Notes and Related Subsidiaries

### Effective Date of 1966 Amendment

Amendment by Pub. L. 89–719 applicable after Nov. 2, 1966, regardless of when title or lien of United States arose or when lien or interest of another person was acquired, with certain exceptions, see section 114(a)–(c) of Pub. L. 89–719, set out as a note under section 6323 of this title.