Shared Appreciation Agreement.

CFR · 2024-01-01 · US · Title 7

(a) (1) Owns any real estate that serves or will serve as loan security; and (2) Accepts a writedown in accordance with § 766.111. (b) (1) The borrower sells or conveys all or a portion of the Agency's real estate security, unless real estate is conveyed upon the death of a borrower to a spouse who will continue farming; (2) The borrower repays or satisfies all FLP loans; (3) The borrower ceases farming; or (4) The Agency accelerates the borrower's loans.

official document · source cfr-2024 · id 7:§ 766.201