(Authority: 38 U.S.C. 3703(c)(1) )
(Authority: 38 U.S.C. 3702(d) , 3703(a)(2) )
(Authority: 38 U.S.C. 3703(c)(1) )
(Authority: 38 U.S.C. 3704(c) )
(Authority: 38 U.S.C. 3702(a) , 3710(c) )
It is expressly agreed that, notwithstanding any other provisions of this contract, the purchaser shall not incur any penalty by forfeiture of earnest money or otherwise be obligated to complete the purchase of the property described herein, if the contract purchase price or cost exceeds the reasonable value of the property established by the Department of Veterans Affairs. The purchaser shall, however, have the privilege and option of proceeding with the consummation of this contract without regard to the amount of the reasonable value established by the Department of Veterans Affairs.
(Authority: 38 U.S.C. 501 , 3703(c)(1) )
38 C.F.R. §36.4303
Authority: 38 U.S.C. 3714
The Office of Management and Budget has approved the information collection requirements in this section under control number 2900-0516