Title VI Provisions. If the inventory real property to be sold secured a loan that was subject to Title VI of the Civil Rights Act of 1964, and the property will be used for its original or similar purpose, or if Rural Development ex- tends credit and the property then be- comes subject to Title VI, the buyer will sign Form RD 400–4. ‘‘Assurance Agreement.’’ The instrument of con- veyance will contain the following statement: The property described herein was ob- tained or improved through Federal xxxxx- cial assistance. This property is subject to the provisions of Title VI of the Civil Rights Act of 1964 and the regulations issued pursu- ant thereto for so long as the property con- tinues to be used for the same or similar pur- poses for which the Federal financial assist- ance was extended.
Appears in 4 contracts
Samples: Open Listing Agreement, Open Listing Agreement, Loan Agreement
