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42 U.S.C. § 2345Deeds; form and provisions

submitted 71 years ago by ch. 543 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 376 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Commission’s property deeds may use simple forms and may include title terms, occupancy rights, service charges, liens, health and safety restrictions, and equitable tax-related prorating.

(a) Deeds for property disposed of under this chapter must be as simple as the Commission finds appropriate and may include suitable title warranties or covenants and other terms, including indemnity. (b) For dormitories, apartment houses, and property used or intended for rental housing developments, a deed may preserve or obtain the Commission’s right to designate future occupants to help ensure housing for Commission and contractor employees. (c) A deed may require the buyer and the buyer’s heirs, successors, and assigns to pay the Commission for municipal services at no more than the nearby community’s average tax for those services. Unpaid amounts, interest, and costs become a United States lien on the property when delinquent, but are not valid against a mortgagee, pledgee, buyer, or judgment creditor until notice is filed under State law or, if State law has no filing procedure, with the federal district court clerk where the property lies. (d) In transfers under sections 2321 and 2342, the Commission may impose appropriate use and public-health-and-safety restrictions, but they end one year after the community’s city is incorporated, or after June 30, 1966, for Los Alamos. (e) A deed may require equitable prorating of Commission payments in place of property taxes or assessments for local improvements.
the actual law source: uscode.house.gov ↗public domain

Deeds executed in connection with the disposal of property pursuant to the provisions of this chapter—

(a)

shall be as simple as the Commission shall find to be appropriate, and may contain such warranties or covenants of title and other provisions (including any indemnity) as the Commission may deem appropriate;

(b)

with respect to any dormitories or apartment houses and any property used or to be used for construction of housing developments for rental purposes, may retain or acquire such rights to the Commission to designate the future occupants of part or all of such properties as it may deem appropriate to insure the availability of housing for employees of the Commission and its contractors;

(c)

may require that the transferee, his heirs, successors, and assigns shall compensate the Commission for any municipal services provided by the Commission at rates which will not be in excess of the average tax for such services in the immediate vicinity of the community; and any amounts due and unpaid for such compensation (together with interest and costs thereon) shall, as of the date on which such amounts become delinquent, be a lien in favor of the United States upon the premises sold by the Commission, though not valid as against any mortgagee, pledgee, purchaser, or judgment creditor until notice thereof has been filed in accordance with the laws of the State in which the property is situated or in the office of the clerk of the United States district court for the judicial district in which the property subject to the lien is situated, if such State has not by law provided for the filing of such notice;

(d)

in transferring any property pursuant to sections 2321 and 2342 of this title, may impose such restrictions and requirements relating to the use of the premises and to public health and safety, as the Commission may deem appropriate, which restrictions and requirements shall not be valid beyond one year after the incorporation of the city at the community or after June 30, 1966, in the case of Los Alamos; and

(e)

may require that any payments in lieu of property taxes or assessments for local improvements made by the Commission with respect to the property shall be equitably prorated.

Source credit: (Aug. 4, 1955, ch. 543, ch. 5, § 55, 69 Stat. 477; Pub. L. 87–719, § 12, Sept. 28, 1962, 76 Stat. 665.)

history & why it existsrecord from the source credit
  • 1955Enacted · Act of Aug. 4, 1955, ch. 543 · 69 Stat. 477
  • 1962Amended · Pub. L. 87-719 · 76 Stat. 665

A history note hasn’t been published yet. The record shows enactment by ch. 543 on 1955-08-04.

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