7 CFR § 767.103 - Managing leased real estate inventory property.

---
identifier: "/us/cfr/t7/s767.103"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 767.103 - Managing leased real estate inventory property."
title_number: 7
title_name: "Agriculture"
section_number: "767.103"
section_name: "Managing leased real estate inventory property."
chapter_name: "FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE"
subchapter_number: "D"
subchapter_name: "SPECIAL PROGRAMS"
part_number: "767"
part_name: "INVENTORY PROPERTY MANAGEMENT"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301 and 7 U.S.C. 1989."
regulatory_source: "72 FR 63358, Nov. 8, 2007, unless otherwise noted."
cfr_part: "767"
---


# 767.103 Managing leased real estate inventory property.

(a) The Agency will pay for repairs to leased real estate inventory property only when necessary to protect the Agency's interest.

(b) If the lessee purchases the real estate inventory property, the Agency will not credit lease payments to the purchase price of the property.