32 C.F.R. § 644.546   Credit.


Title 32 - National Defense


Title 32: National Defense
PART 644—REAL ESTATE HANDBOOK
Subpart F—Disposal
Sale Procedure

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§ 644.546   Credit.

Payment of the purchase price over an extended period of time should be considered only when the price is a considerable amount, and it may be to the Government's interest to extend credit. Prior to offering property for sale on an extended payment plan basis, approval from DAEN-REM will be obtained. Extension of credit will be within the limitations of FPMR 101–47.304–4. Credit cannot be extended, except to state or local governments, nor can any other special condition be applied, unless provision was made for it in the Invitation for Bids.

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