42 U.S.C. § 2342 : US Code - Section 2342: Disposal of property
Search 42 U.S.C. § 2342 : US Code - Section 2342: Disposal of property
(a) Property under lease or license agreement
The Commission shall offer for disposal all real property
(including such improvements thereon and such fixtures, equipment,
and other personal property incident thereto as it may deem
appropriate) within the community which is presently under lease or
license agreement with the Commission or its community management
contractor for residential, commercial or industrial, agricultural,
church or other nonprofit use, or which, in the opinion of the
Commission, is appropriate for such use, other than -
(1) structures which in the opinion of the Commission should be
removed from the community because of their unsatisfactory type
of construction, condition, or location; or
(2) property which in the opinion of the Commission should be
transferred pursuant to subchapters VI or VII of this chapter; or
(3) property which in the opinion of the Commission should be
retained by the Commission for its own use.
(b) Discretionary disposal of other real property
The Commission may, but shall not be required to, dispose of any
other real property at the community, whether within or outside of
that community.
(c) Terms and conditions; impairment of rights
Such property shall be disposed of on such terms and conditions,
consistent with this subchapter, as the Commission shall prescribe
in the national interest, and without regard to any preferences or
priorities whatever except those provided for pursuant to this
chapter. Transfers by the Commission of such property shall not
impair rights under existing leases and covenants, including any
purchase rights therein conferred.
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