Terms Used In U.S. Code > Title 42 > Chapter 24 > Subchapter II - Lots, Appraisals, and Prices

• Appraisal: A determination of property value.
• Commission: means the Atomic Energy Commission. See 42 USC 2304
• community: means that area at&mdash. See 42 USC 2304
• 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.
• house: includes the lot on which the house stands. See 42 USC 2304
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• occupant: means a person who, on the date on which the property in question is first offered for sale, is entitled to residential occupancy of the Government-owned house in question, or of a family dwelling unit in such house, in accordance with a lease or license agreement with the Commission or its property-management contractor. See 42 USC 2304
• residential property: shall include each separate unit of a residential structure which the Commission has classified as a residential structure containing two or more separate single family units pursuant to section 2331(c) of this title. See 42 USC 2304
• single family: when used in connection with "house" or "residential property" shall include each separate unit of a residential structure which the Commission has classified as a residential structure containing two or more separate single family units pursuant to section 2331(c) of this title. See 42 USC 2304