12 CCR s 345.1

Cal. Admin. Code tit. 12, s 345.1

CALIFORNIA CODE OF REGULATIONS
TITLE 12. MILITARY AND VETERANS AFFAIRS
DIVISION 2. DEPARTMENT OF VETERANS' AFFAIRS
CHAPTER 2. VETERANS' FARM AND HOME PURCHASES
SUBCHAPTER 3. CONTRACT AND OTHER TERMS
This database is current through 12/22/06, Register 2006, No. 51.
s 345.1. Advertisement of Sales.

(a) For each repossessed Cal-Vet property, a "for sale" advertisement
shall appear in local newspapers covering the area where the property is
located. The Department's advertisement shall appear in the newspapers for
a period of at least fourteen days. The advertisement shall specify the
location of the property, a brief description, its estimated value, and
shall summarize the procedures for a potential buyer to purchase or submit
a bid on the property and the qualifications the potential buyer is
required to meet as well as the deadline date for "sealed offer" (bid)
submission.

(b) A description of the property for sale shall be available in the
public area of the district office serving the community in which the
property is located.

(c) A "For Sale" sign shall demarcate the Cal-Vet property unless, in the
opinion of the district office, to do so would subject the property to
vandalism.

(d) Local veterans organizations shall receive information on repossessed
properties offered for sale if these organizations have previously
submitted, to the Division Of Farm and Home Purchases, a written request
for such information.

(e) In order to continue receiving repossessed property information from
the Department, veterans organizations shall renew their request each year
by submitting a letter to the Department's Division Of Farm and Home
Purchases.

Note: Authority cited: Section 700, Military and Veterans Code.
Reference: Sections 985.2, 987.6, 987.51 and 987.78(a) and (b),
Military and Veterans Code.

HISTORY

1. New section filed 11-12-91; operative 12-12-91 (Register 92, No. 7).

2. Change without regulatory effect repealing subsection (f) filed 4-28-98
pursuant to section 100, title 1, California Code of Regulations (Register
98, No. 18).

12 CCR s 345.1, 12 CA ADC s 345.1
1CAC

12 CA ADC s 345.1

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