§ 12.1 Definitions
§ 12.2 Scope
§ 12.3 General policies
§ 12.4 Limitations
§ 12.5 Awards
§ 12.6 Notice of available property
§ 12.7 Applications for surplus real property
§ 12.8 Assignment of surplus real property
§ 12.9 General disposal terms and conditions
§ 12.10 Compliance with the National Environmental Policy Act of 1969 and other related Acts (environmental impact)
§ 12.11 Special terms and conditions
§ 12.12 Utilization
§ 12.13 Form of conveyance
§ 12.14 Compliance inspections and reports
§ 12.15 Reports to Congress

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Terms Used In 45 CFR Part 12 - Disposal and Utilization of Surplus Real Property for Public Health Purposes

  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Personal property: All property that is not real property.
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.