CFR > Title 29 > Subtitle A > Part 38 > Subpart B > Assurances
Current as of: 2024 | Check for updates
|
Other versions
§ 38.25 | A grant applicant’s obligation to provide a written assurance |
§ 38.26 | Duration and scope of the assurance |
§ 38.27 | Covenants |
Terms Used In CFR > Title 29 > Subtitle A > Part 38 > Subpart B > Assurances
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.