Page:United States Statutes at Large Volume 58 Part 1.djvu/798

 [58 STAT. PUBLIC LAWS-CH. 479-OCT. 3, 1944 the United States and shall be entitled to purchase such property, in substantially the identical tract as when acquired from such person, at private sale at any time during the period of ninety days following such notice: Provided, That such period shall be extended in any case when it appears that such extension is necessary or appropriate to facilitate the sale of any surplus real property under this subsection. Offering of siml (B) In the case of real property acquired by any Government agency after December 31 1939, which either- Antfe, 9p. 9 (i) has not been determined under section 11 to be surplus property, or Aflp, 7p. (ii) has been disposed of under section 12 or 13, or (iii) is classified as suitable for a purpose different from that for which it was used when acquired by the Government, and with respect to which the person from whom it was acquired has signified an intention not to exercise the privilege granted under subparagraph (A), the person from whom such property was acquired may be offered other surplus real property in the same area for purchase at private sale, if such other property is classified as suitable for the purpose for which the property so acquired was used when so acquired, and is otherwise similar to the property so acquired. Ariltural prop. (2) In the case of surplus real property which was acquired by ePtb yfosiaSer any Government agency after December 31, 1939, and which is classi- fled as suitable for agricultural use, if any tenant (who was a tenant at the time of acquisition) of the person from whom such property was acquired, signifies, within a period of ninety days following public notice of sale, his intention to purchase such property, and no person has exercised his privilege under paragraph (1) (A), such tenant shall be entitled to purchase such property, in substantially the identical tract as when acquired by such Government agency, at private sale at any time during such ninety-day period. Purchase price. (3) The price to be paid for surplus real property sold under this subsection shall be a price not greater than that for which it was acquired by the United States, such acquisition price being properly adjusted to reflect any increase or decrease in the value of such property resulting from action by the United States, or a price equal to the market price at the time of sale of such property, whichever price is the lower. Identflcation. (4) The Board may by regulation prescribe methods for the iden- tification of persons entitled to exercise the privileges conferred by this subsection. rty not disposedof. (e) If any surplus real property is not disposed of under sub- section (d)- Arcultural. (1) such property, if classified as suitable for agricultural use, shall be subdivided, as provided by the Board, whenever practicable into economic family-size units (taking into con- sideration the variations in sizes of economic units in different localities); and Nonagricultl. (2) such property, if not classified as suitable for agricultural use, shall be subdivided into the appropriate units in which the Board deems the property should be disposed of, giving due consideration to the character of the property, the economic use to which it is likely to be put, and the objectives of disposition as set forth in this Act. rais ' preeenc (f) (1) Whenever any surplus real property classified as suitable for agricultural, residential, or small business purposes is to be dis- posed of, except as provided in subsection (d) of this section, veter- ans shall be granted a preference in the purchase of such property over nonveterans. 778

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