1. LawStack
  2. Title 7 - Agriculture
  3. Subtitle B - REGULATIONS OF THE DEPARTMENT OF AGRICULTURE
  4. Chapter VII - FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
  5. Subchapter D - SPECIAL PROGRAMS
  6. Part 766 - DIRECT LOAN SERVICING—SPECIAL
  7. Subpart E - Servicing Shared Appreciation Agreements and Net Recovery Buyout Agreements
  8. 7 CFR § 766.205
7 CFR § 766.205
Shared Appreciation Payment Agreement rates and terms
July 6, 2020
CFR

(a) The interest rate for Shared Appreciation Payment Agreements is the Agency's SA amortization rate.

(b) The term of the Shared Appreciation Payment Agreement is based on the borrower's repayment ability and the useful life of the security. The term will not exceed 25 years.

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§ 766.204 Amortization of recapture
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§ 766.206 Net Recovery Buyout Recapture Agreement

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