Section 987.62 Of Article 3.1. Veterans’ Farm And Home Purchase Act Of 1974 From California Military And Veterans Code >> Division 4. >> Chapter 6. >> Article 3.1.
987.62
. The department, after consummating a purchase under the
provisions of this article and the veteran having occupied the
property as required by Section 987.60 of this article, may annually
waive the occupancy requirement on a showing of good cause. The
property financed under this article is intended to remain
owner-occupied, and not become an investment, rental, or business
property. The department may also waive the occupancy requirement for
any period of time if the property is a farm and if the veteran
personally cultivates the property and harvests the crops or tends
livestock. The department shall establish standards for the occupancy
waiver and shall make those standards known. The department shall
waive the occupancy requirement in any case where the State
Department of Health determines that health hazards on adjacent
property render the farm, home, or mobilehome unsuitable for
occupancy, and the waiver shall be effective as long as those
conditions exist.