Title 42 — The Public Health and Welfare
Chapter 61 — Uniform Relocation Assistance and Real Property Acquisition Policies for Federal and Federally Assisted Programs
§ 4653. Expenses incidental to transfer of title to United States
Statutory text
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.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970
Pub. L. 91–646 title III § 303 · 84 Stat. 1894
Enacted · 42 U.S.C. § 4653
(Pub. L. 91–646, title III, § 303, Jan. 2, 1971, 84 Stat. 1906.)
Source evidence
Code source credit
(Pub. L. 91–646, title III, § 303, Jan. 2, 1971, 84 Stat. 1906.)Enacted provision · exact public law section
Sec. 303. expenses incidental to transfer of title to united states 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— (1) recording fees, transfer taxes, and similar expenses incidental to conveying such real property to the United States; (2) penalty costs for prepayment of any preexisting recorded mortgage entered into in good faith encumbering such real property; and (3) 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.
1 of 1 references resolved to an enrolled provision