CFR > Title 7 - Agriculture > SUBTITLE B—Regulations of the Department of Agriculture > CHAPTER VII—FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE (parts 700 to 799) > SUBCHAPTER D—SPECIAL PROGRAMS (parts 750 to 786) > PART 765—DIRECT LOAN SERVICING—REGULAR > SUBPART H—Partial Release of Real Estate Security (§765.351 to §765.354-765.400) > 765.353—Determining market value.

765.353—Determining market value.

(a) Security proposed for disposition. (1) The Agency will obtain an appraisal of the security proposed for disposition.
(2) The Agency may waive the appraisal requirement when the estimated value is less than $25,000.
(b) Security remaining after disposition. The Agency will obtain an appraisal of the remaining security if it determines that the transaction will reduce the value of the remaining security.
(c) Appraisal requirements. Appraisals, when required, will be conducted in accordance with § 761.7 of this chapter.