42 U.S.C. § 4653 — Expenses incidental to transfer of title to United States
submitted 55 years ago by Pub. L. 91-646 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 151 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The head of a Federal agency*, as soon as practicable after the date of payment of the purchase price or the date of deposit in court of funds to satisfy the award of compensation in a condemnation proceeding to acquire real property, whichever is the earlier, shall reimburse the owner*, to the extent the head of such agency deems fair and reasonable, for expenses he necessarily incurred for—
recording fees, transfer taxes, and similar expenses incidental to conveying such real property to the United States;
penalty costs for prepayment of any preexisting recorded mortgage* entered into in good faith encumbering such real property; and
the pro rata portion of real property taxes paid which are allocable to a period subsequent to the date of vesting title in the United States, or the effective date of possession of such real property by the United States, whichever is the earlier.
Source credit: (Pub. L. 91–646, title III, § 303, Jan. 2, 1971, 84 Stat. 1906.)
- 1971Enacted · Pub. L. 91-646 · 84 Stat. 1906
A history note hasn’t been published yet. The record shows enactment by Pub. L. 91-646 on 1971-01-02.
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