reglab/housing_qa huggingface dataset:
CA Mil & Vet Code § 987.62 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.62.

987.62.  (a) The department, after consummating a purchase transaction under the provisions of this article and the veteran having occupied the property as required by Section 987.60 of this article, may:(1) Annually waive the occupancy requirement on a showing of good cause. The property financed under this article is intended to remain owner-occupied, and not become an investment, rental, or business property.(2) Waive the occupancy requirement for any period of time if the property is a farm and if the veteran personally cultivates the property and harvests the crops or tends livestock.(3) Annually waive the veteran-occupied unit of a residence with two or four units.(b) The department shall establish standards for the occupancy waiver and shall make those standards known.(c) The department shall waive the occupancy requirement in any case where the State Department of Health determines that health hazards on adjacent property render the farm, home, or mobilehome unsuitable for occupancy, and the waiver shall be effective as long as those conditions exist.(Amended by Stats. 2021, Ch. 549, Sec. 11. (SB 661) Effective January 1, 2022.)
CA Mil & Vet Code § 987.63 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.63.

987.63.  Notwithstanding other provisions of this article relating to the occupancy, leasing, letting, or subletting of a farm or home acquired pursuant to this article, the department, with respect to any veteran who after consummating a purchase of a farm or home under this article and occupying such farms or home reenters the active military, naval, or air service of the United State, may waive the occupancy requirement for the period of such active service and for a reasonable period subsequent to the termination of such active service and consent to the leasing, letting, or subletting of the farm or home during such period or periods.(Added by Stats. 1974, Ch. 1477.)
CA Mil & Vet Code § 987.64 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.64.

987.64.  In the event of any conflict or difference between any provision of this article and the federal Mortgage Subsidy Bond Tax Act of 1980 (P.L. 96-499; 94 Stat. 2660), including any amendment thereto and any regulation issued thereunder, the department shall comply with that federal law or regulation to the extent necessary to maintain the tax-exempt status of any issue of its general obligation or revenue bonds. Any action taken by the department prior to the effective date of this section to effect that compliance is hereby confirmed and ratified, it having at all times been the intent of the Legislature that the tax-exempt status of those bonds be maintained.(Added by Stats. 1982, Ch. 420, Sec. 2. Effective July 8, 1982.)
CA Mil & Vet Code § 987.65 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.65.

987.65.  (a) The purchase price of a home, or the sum to be expended by the department pursuant to a contract for the construction of a dwelling house and other improvements, or the purchase price of a mobilehome sited on a lot owned by the purchaser and installed on a foundation system pursuant to Section 18551 of the Health and Safety Code, or the purchase price of a mobilehome converted to a fixture and improvement to the underlying real property in a mobilehome park that has been converted to a resident-owned subdivision, cooperative, condominium, or nonprofit corporation as set forth in Section 18555 of the Health and Safety Code, shall not exceed 125 percent of the then current maximum United States Department of Veterans Affairs loan limit.(b) The purchase price of a mobilehome that is to be sited in a mobilehome park, as defined in Section 18214 of the Health and Safety Code, in addition to any assistance provided by the department to a veteran pursuant to subdivision (e) of Section 987.85, may not exceed 50 percent of the Federal Housing Finance Agency conforming loan limit for the county in which the mobilehome park is located.(c) A veteran purchasing the home may advance, subject to Section 987.64, the difference between the total price or cost of the home and the sum of the purchase price of the home and any amount the department adds, under Section 987.69, to the purchase price of the home in fixing the selling price to the veteran. Any amount of the purchase price may be provided by funds from participation contracts, revenue bonds, or other traditional funding options, including mortgage backed securities.(d) The purchase price of a farm shall not exceed 150 percent of the limit described in subdivision (a). A veteran purchasing the farm may advance the difference between the total price of the farm, or the cost of the dwelling and improvements to be constructed on a farm under a contract, and the sum of the purchase price or contract price to the department and any amount that the department adds, under Section 987.69, to the purchase or contract price to the department in fixing the selling price of the farm to the veteran.(Amended by Stats. 2021, Ch. 549, Sec. 12. (SB 661) Effective January 1, 2022.)
CA Mil & Vet Code § 987.655 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.655.

987.655.  For a mobilehome which is to be sited in a mobilehome park as defined in Section 18214 of the Health and Safety Code, the department shall charge a rate of interest higher than that which is charged to purchasers of conventional housing or of a mobilehome sited on a lot owned by the purchaser. The interest rate shall be set by the department to balance lending risk while maintaining a rate at or below the market rate for a mobilehome in a park.(Amended by Stats. 2021, Ch. 549, Sec. 13. (SB 661) Effective January 1, 2022.)
CA Mil & Vet Code § 987.656 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.656.

987.656.  A mobilehome which is purchased under this act shall not be moved from its original site to any other location, without first obtaining prior authorization from the department.Any person who moves or causes to be moved a mobilehome under this act, without first obtaining approval from the department, shall be jointly and severally liable to the department for the full amount of the mobilehome loan balance.(Added by Stats. 1978, Ch. 13.)
CA Mil & Vet Code § 987.67 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.67.

987.67.  Except as set forth in regulations adopted by the department pursuant to Section 987.93 with respect to cooperative dwelling units in lieu of, or in addition to, the provisions of this section, before the purchase of any property by the department there shall be filed with the department (1) an appraisement of the market value of the property by an employee or an authorized agent of the department, (2) an appraisement of the market value of the property by either the Federal Housing Administration or the Veteran’s Administration, and in addition there may be filed with the department an appraisement of the market value of the property by an authorized appraiser of a banking corporation formed under the laws of this state or of a national banking association having a place of business in this state, or (3) an appraisement of the market value of the property by an appraiser licensed or certified in this state. Each appraisement shall be certified by the maker thereof. The certification shall state that it is made in good faith, and that the valuation is honestly determined and represents the bona fide opinion of the maker.(Amended by Stats. 2021, Ch. 549, Sec. 14. (SB 661) Effective January 1, 2022.)
CA Mil & Vet Code § 987.68 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.68.

987.68.  The department, before consummating a purchase under the provisions of this article, shall cause the title of the property sought to be purchased to be examined and may require for that purpose an abstract, an unlimited certificate of title, or a policy of title insurance, and may refer the same to the Attorney General for his opinion.(Added by Stats. 1974, Ch. 1477.)
CA Mil & Vet Code § 987.72 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.72.

987.72.  The provisions of Section 987.71, relative to the rate of interest to be charged to veteran purchasers do not apply to assignees of such purchasers who are not veterans, but as to such assignees the rate of interest shall be as fixed by the department, compounded at periods fixed by the department.The action of the department in refusing to permit any assignments except as provided in this section is hereby ratified and confirmed, it having at all times been the intent of the Legislature that Section 987.71 apply to veteran purchasers only.(Added by Stats. 1974, Ch. 1477.)
CA Mil & Vet Code § 987.721 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.721.

987.721.  (a) Notwithstanding Section 987.72, upon the dissolution of marriage or legal separation of a veteran contract purchaser and the veteran’s spouse, an assignment may be made in favor of the nonveteran former spouse at the same rate of interest and upon the same terms and conditions as are provided to veteran purchasers provided the veteran’s entire beneficial interest is transferred to the spouse and provided there are one or more dependent children of the veteran occupying the property and the spouse continues to reside in the home and make the payments in the same amount required by the purchase contract. For purposes of this subdivision, any child of the veteran who is legally adopted or who acquires a separate domicile or marries shall not be considered a dependent child. (b) Should the veteran retain entire beneficial interest in the property after dissolution or legal separation, the veteran may continue as purchaser provided either the veteran or the former spouse continues to occupy the property.(Amended by Stats. 1991, Ch. 616, Sec. 2. Effective October 8, 1991.)
CA Mil & Vet Code § 987.73 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.73.

987.73.  (a) Except as provided in subdivision (b), the department in each individual case may specify the terms of the contract entered into with the purchaser, but no property sold under this article shall, voluntarily or involuntarily, by operation of law or otherwise, be transferred, assigned, encumbered, leased, let or sublet, in whole or in part, nor shall any mobilehome be removed from its original site, except in case of emergency where temporary removal is necessary to avoid potential damage, without the written consent of the department, until the purchaser has paid therefor in full and has complied with all the terms and conditions of this contract of purchase. The department may give its written consent to such transfers, assignments, encumbrances, leasings, lettings or sublettings, or removals, for good cause shown, subject to the interest of the department and consistent with the purposes of this article.(b) The consent of the department shall not be required where a veteran, alone or jointly with his spouse, transfers his interest in property which is the subject of a loan agreement with the department into a revocable trust established for the benefit of the veteran or of the veteran and his spouse. (c) The department may consent to an assignment in favor of a nonveteran spouse if a veteran purchaser qualifies as “a person in long-term care” as defined in Section 14050.3 of the Welfare and Institutions Code if the department is satisfied that the interest of the veteran is adequately protected. If consent is given to the assignment, the contract shall continue at the same rate of interest and upon the same terms and conditions as are provided to veteran purchasers. Consent by the department to the assignment shall be deemed given if the assignment is pursuant to a court order, and if notice of the hearing was provided to the department at least 30 days prior to the hearing at which the court order was issued.(Amended by Stats. 1992, Ch. 526, Sec. 1. Effective January 1, 1993.)
CA Mil & Vet Code § 987.75 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.75.

987.75.  (a) If the purchaser or, if applicable, the related stock corporation, fails or neglects to pay, satisfy, and discharge at maturity all taxes and assessments, and all other charges and encumbrances which are a lien upon the property being purchased from the department, or any part thereof, and also all taxes and assessments levied or assessed upon the interest created by the contract of purchase of such property; or to keep the buildings, fences, other permanent improvements upon such property insured and in good order and repair, or to keep the crops upon such property insured; or to keep in good order and repair all buildings, fences, and other permanent improvements situated upon such property; then, in such event, the department may pay, satisfy, discharge, settle, or compromise the taxes, assessments, charges, or encumbrances, or insure the buildings, fences, permanent improvements, or crops, or do the work and supply the materials necessary to keep the buildings, fences, and other improvements in good order and repair. All moneys so expended by the department shall be added to the selling price of the property and bear interest at the rate of interest designated in Section 987.71 from the date of expending the same, and shall be repaid by the purchaser to the department on demand. The department may amortize the repayment of such expenditures or permit repayment in installments upon the terms and conditions which it deems proper.(b) The department may establish provisions under regulations adopted by the department pursuant to Section 987.93 with respect to cooperative dwelling units in lieu of, or in addition to, the provisions of this section.(Amended by Stats. 2012, Ch. 396, Sec. 6. (AB 1224) Effective September 20, 2012.)
CA Mil & Vet Code § 987.76 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.76.

987.76.  Notwithstanding Section 6157 of the Government Code, the department shall be the sole judge of all of the following:(a) The legality or validity of taxes, assessments, charges, insurance premiums, guaranty fees, or encumbrances, and the amount necessary to be paid in satisfaction or discharge thereof.(b) The amount of insurance to be placed upon the buildings, fences, other permanent improvements, and crops and the amount necessary to be paid for the premiums for that insurance.(c) The necessity and nature of the work required to keep the buildings, fences, and other improvements in good order and repair, and the amount to be paid therefor. (d) The amount of loan insurance or guaranty to be placed upon the veteran’s liability for repayment of the veteran’s contract and the amount necessary to be paid by the veteran or the department for the premiums or fees for that insurance or guaranty.(Amended by Stats. 1998, Ch. 530, Sec. 4. Effective September 17, 1998.)
CA Mil & Vet Code § 987.77 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.77.

987.77.  In the event of a failure of a purchaser to comply with any of the terms of his or her contract of purchase, the department may cancel such contract, and thereupon be released from all obligations, at law or in equity, to convey the property, and the purchaser shall forfeit all right thereto. All payments theretofore made shall be deemed to be rental paid for occupancy. Upon such forfeiture, the department shall take possession of the property covered by such contract, and shall remove all persons and personal property therefrom without any liability whatsoever on the part of the department or of any official or employee thereof for any damage or injury caused by or incident to the entry or removal. The failure of the department to exercise any option to cancel or to exercise any other privilege under such contract for any default shall not constitute a waiver of the right to exercise such option or privilege for any other default on the part of the purchaser. The department shall allow a stock cooperative, as defined in subdivision (m) of Section 1351 of the Civil Code, the opportunity to cure any failure by a purchaser described in this section.(Amended by Stats. 2011, Ch. 377, Sec. 10. (AB 1084) Effective September 30, 2011.)
CA Mil & Vet Code § 987.775 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.775.

987.775.  Whenever the department proceeds under Section 987.77 to declare a forfeiture and to retain all payments made under the forfeited contract as rental paid for occupancy, the department may, in lieu of paying any net gain to the purchaser in accordance with Section 987.79, deposit that net gain into a segregated account in the Veterans’ Farm and Home Building Fund of 1943 created to receive funds pursuant to this section. The funds in the account shall be accumulated until June 30 of each year, and any losses on the sales of forfeited properties during the fiscal year shall be deducted from the total of the net gains deposited in the account during the fiscal year. The department may expend the funds remaining in the account on June 30 each year, after deduction for losses on sales of forfeited properties, for purposes of assistance to lower income purchasers pursuant to subdivision (c), (e), or (h) of Section 987.71.(Amended by Stats. 2003, Ch. 441, Sec. 3. Effective January 1, 2004.)
CA Mil & Vet Code § 987.78 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.78.

987.78.  (a) In the event of a forfeiture of a contract of purchase under this article, the department may sell or otherwise dispose of the property covered by the forfeited contract to any person and upon any terms and conditions as it determines to be proper, under the conditions set forth in this section.(b) The department shall give first preference to a veteran who qualifies under this article and who served during a time of war, second preference to any other person serving in or honorably discharged from the armed forces of the United States, third preference to any person who is a first-time home buyer, and fourth preference to any other person.(c) Where the department elects in the event of a forfeiture to sell or otherwise dispose of an assignment of an Indian veteran’s beneficial interest or of a leasehold interest in allotment trust land, the department shall first offer it for sale to the person or persons for whom the land is held in trust, including an Indian veteran having a beneficial interest in the trust land on which the forfeiture occurred, at a price equal to the unpaid balance of the contract price. If none of the persons for whom the land is held in trust accepts the offer, the department shall next offer it to the United States Secretary of the Interior at the same price.(d) Where the department elects in the event of forfeiture to sell or otherwise dispose of a leasehold interest in tribal trust land, the department shall first offer it for sale to the tribe for whom the land is held in trust at a price equal to the unpaid balance of the contract price. If the tribe fails to accept the offer, the department shall next offer it to the United States Secretary of the Interior at the same price.(e) Where all the parties to whom the department is required to offer the property under subdivision (c) or (d) fail to accept the offer, the department may sell or otherwise dispose of the property covered by the forfeited contract as provided by subdivision (a) and, in so doing, the department shall give first preference to any good faith offer by a person approved by the tribal council of the reservation, rancheria, or land held under the jurisdiction of that particular tribal governing body on which the allotment land is sited.(f) If the property is subject to a participation contract, the department may, at its option, pay the balance due upon the participation contract, including accrued interest, without penalty.(g) Nothing in this section invalidates a transfer to, or affects the interest of, a good faith purchaser for value without notice of any failure of the department to comply with any requirement of this section in the disposition of any property subject to a forfeited contract.(Amended by Stats. 1997, Ch. 156, Sec. 3. Effective January 1, 1998.)
CA Mil & Vet Code § 987.785 (2021)
2021 California Code|Military and Veterans Code - MVC|DIVISION 4 - VETERANS' AID AND WELFARE|CHAPTER 6 - State Benefits for Veterans|ARTICLE 3.1 - Veterans Farm and Home Purchase Act of 1974|Section 987.785.

987.785.  Except as set forth in regulations adopted by the department pursuant to Section 987.93 with respect to a cooperative dwelling unit, whenever the department cancels a contract and takes possession of a property pursuant to Section 987.77 and elects to sell the property covered by a forfeited contract, the department may, at its option, establish a procedure for listing the property for sale, together with similarly located properties, with a licensed real estate broker. The department may, in this connection, prepare schedules of properties available for sale by geographic areas and may offer a schedule from time to time to any licensed real estate broker within the geographic area covered by the schedule for a fee which shall be sufficient to cover the costs to the department in compiling the schedules and making them available. If the department enters into a real estate listing agreement, exclusive or otherwise, with a licensed real estate broker, the department shall cooperate with the broker in all customary respects and make the property available at reasonable times for inspections by prospective purchasers.(Amended by Stats. 2012, Ch. 396, Sec. 7. (AB 1224) Effective September 20, 2012.)