Selling personal property
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
(a) Method of sale. (1) The Agency will use sealed bid or established public auctions for selling personal property. The Agency does not require public notice of sale in addition to the notice commonly used by the auction facility.
(2) The Agency may sell personal property, including fixtures, concurrently with real estate inventory property if, by doing so, the Agency can obtain a higher aggregate price. The Agency may accept an offer for personal property based upon the combined final sales price of both the personal property and real estate.
(b) Agency-financed sales. The Agency may finance the purchase of personal property if the Agency has direct or guaranteed OL loan funds available and all applicable loan making requirements are met.
[72 FR 63358, Nov. 8, 2007, as amended at 91 FR 60791, Sept. 25, 2026]
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.