7 CFR 1927 – Common Forms Package for Real Estate Title Clearance and Loan Closing

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form 1927-5 7 CFR 1927-B, REAL ESTATE TITLE CLEARANCE AND LOAN CLOSING	Form and Instruction	New	Repair queued
1927 Coomon Form Package Supp Statement.docx	Supporting Statement A	Uploaded 2023-06-27	Repair queued
1927 Common Form Spreadsheet.xlsx	Supplementary Document	Uploaded 2023-01-11	Repair queued
1927 FR Notice.pdf	Supplementary Document	Uploaded 2023-01-11	Repair queued

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
258540	7 CFR 1927-B, REAL ESTATE TITLE CLEARANCE AND LOAN CLOSING	Form and Instruction	New

ICR Details

OMB Control No:	ICR Reference No: 202301-0575-001
Status: Received in OIRA	Previous ICR Reference No:
Agency/Subagency: USDA/RHS	Agency Tracking No:
Title: 7 CFR 1927 – Common Forms Package for Real Estate Title Clearance and Loan Closing
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  Yes
Type of Review Request: Regular	Date Submitted to OIRA: 10/11/2023

table that charts list comparision

	Requested	Previously Approved
Expiration Date	36 Months From Approved
Responses	1	0
Time Burden (Hours)	1	0
Cost Burden (Dollars)	0	0

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Abstract: The information collection under OMB Number 0575-New will enable the Agencies to effectively extend financial assistance to construct, improve, alter, repair, replace or rehabilitate dwellings, farm buildings, and/or related facilities to provide decent, safe, and sanitary living conditions and adequate farm buildings and other structures in rural areas. Title clearance is required to assure the Agency (s) that the loan is legally secured and has the required lien priority.

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Authorizing Statute(s): US Code: 5 USC 301 Name of Law: Government Organizations and Employees
   US Code: 7 USC 1989 Name of Law: Rules and Regulations Certified Lenders Program
   US Code: 42 USC 1480 Name of Law: Public Health and Welfare Service and Supply Contracts
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 61117	11/05/2021
30-day Notice:	Federal Register Citation:	Citation Date:
	88 FR 68559	10/04/2023
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
7 CFR 1927-B, REAL ESTATE TITLE CLEARANCE AND LOAN CLOSING	1927-5, RD Form 1927-8, RD 1927-19, RD Form 1927-9, RD Form 1927-10, RD Form 1927-15, RD Form 1927-20, RD Form 3550-25	Affidavit Regarding Work of Improvement ,   Agreement with Prior Lienholder ,   Preliminary Title Opinion ,   Final Title Opinion ,   Loan Closing Instructions and Loan Closing Statement ,   Certification of Attorney ,   Certification of Title Insurance Company ,   Loan Closing Instructions and Loan Closing Statement

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ICR Summary of Burden

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	Total Request	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	1	0	0	1	0	0
Annual Time Burden (Hours)	1	0	0	1	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: This is a new information collection package.

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Annual Cost to Federal Government:

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  Yes

Description/Changes for Common Form Usage: 

Approved RCFs using this ICR

table that charts list of RCF

Agency/Sub Agency	RCF ID	RCF Title	RCF Status	IC Title

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 10/11/2023

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