Tax Division Directive No. 83
(May 15, 1990)Authority to Release the Right of Redemption
By virtue of the authority vested in me by Part O of Title 28 of the
Code of Federal Regulations, particularly Sections 0.70, 0.160, 0.162,
0.164, 0.166, and 0.168, it is hereby ordered as follows:|
Section 1. The U.S. Attorney for each district in which is located
real property, which is subject to a right of redemption of the United
States in respect of Federal tax liens, arising under section 2410(c) of
Title 28 of the United States Code, or under State law when the United
States has been joined as a party to a suit, is authorized to release the
right of redemption, subject to the following limitations and
- This redelegation of authority relates only to real property on
which is located only one single-family residence, and to all other real
property having a fair market value not exceeding $200,000. That limitation
as to value or use shall not apply in those cases in which the release is
requested by the Department of Veterans Affairs or any other Federal agency.
- The consideration paid for the release must be equal to the value of
the right of redemption, or fifty dollars ($50), whichever is greater.
However, no consideration shall be required for releases issued to the
Department of Veterans Affairs or any other Federal agency.
- The following described documents must be placed in the U.S. Attorney's
file in each case in which a release is issued--
- Appraisals by two disinterested and well-qualified persons.
In those cases in which the applicant is a Federal agency, the appraisal of
that agency may be substituted for the two appraisals generally required.
- Such other information and documents as the Tax Division may
Section 2. This directive supersedes Tax Division Directive No. 55,
effective May 7, 1986.
Section 3. This directive shall become effective on the date of its
publication in the FEDERAL REGISTER.
Date: April 27, 1990
SHIRLEY D. PETERSON
Assistant Attorney General
Date: May 15, 1990
Deputy Attorney General
[cited in USAM 6-6.140;