source:
  type: regulation
  id: va-38usc-3713
  authority: VA Home Loan Guaranty (38 U.S.C. ch. 37) § 3713 — Release from liability under guaranty
  description: 'VA Home Loan Guaranty (38 U.S.C. ch. 37), §3713 Release from liability under guaranty. Captured
    section-complete from Cornell LII (verbatim).

    '
obligations:
- id: va-38usc-3713-a
  canonical_id: va-38usc-3713-a
  section: 38 U.S.C. §3713(a)
  description: 'Release from liability under guaranty — (a): (a) Whenever any veteran disposes of residential property
    securing a guaranteed, insured, or direct housing loan obtained by the veteran, the Secretary, upon application
    made by such veteran and by the transferee incident to such disposal, shall issue to such veteran in connection
    with such disposal…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: VA Home Loan Guaranty (38 U.S.C. ch. 37) § 3713
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/38/3713
    snapshot_id: 3a2b9ba0d5054af1
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:7766ca7e7b471d528e13b5cda7cd0c6a2a7e46d24b5d90630cfa8b4abb178309
    paragraph_quote: (a) Whenever any veteran disposes of residential property securing a guaranteed, insured, or
      direct housing loan obtained by the veteran, the Secretary, upon application made by such veteran and by the
      transferee incident to such disposal, shall issue to such veteran in connection with such disposal a release
      relieving the veteran of all further liability to the Secretary on account of such loan (including liability
      for any loss resulting from any default of the transferee or any subsequent purchaser of such property) if
      the Secretary has determined, after such investigation as the Secretary may deem appropriate, that (1) the
      loan is current, and (2) the purchaser of such property from such veteran (A) is obligated by contract to
      purchase such property and to assume full liability for the repayment of the balance of the loan remaining
      unpaid, and has assumed by contract all of the obligations of the veteran under the terms of the instruments
      creating and securing the loan, and (B) qualifies from a credit standpoint, to the same extent as if the transferee
      were a veteran eligible for purposes specified in section 3710 of this title , for a guaranteed or insured
      or direct loan in an amount equal to the unpaid balance of the obligation for which the transferee has assumed
      liability.
    drafter_attestation: Verbatim slice of 38 U.S.C. §3713 subsection (a) from Cornell LII snapshot 3a2b9ba0d5054af1;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: va-38usc-3713-b
  canonical_id: va-38usc-3713-b
  section: 38 U.S.C. §3713(b)
  description: 'Release from liability under guaranty — (b): (b) If any veteran disposes of residential property
    securing a guaranteed, insured, or direct housing loan obtained by the veteran under this chapter without receiving
    a release from liability with respect to such loan under subsection (a), and a default subsequently occurs which
    results in liabilit…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: VA Home Loan Guaranty (38 U.S.C. ch. 37) § 3713
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/38/3713
    snapshot_id: 3a2b9ba0d5054af1
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:7766ca7e7b471d528e13b5cda7cd0c6a2a7e46d24b5d90630cfa8b4abb178309
    paragraph_quote: (b) If any veteran disposes of residential property securing a guaranteed, insured, or direct
      housing loan obtained by the veteran under this chapter without receiving a release from liability with respect
      to such loan under subsection (a), and a default subsequently occurs which results in liability of the veteran
      to the Secretary on account of the loan, the Secretary may relieve the veteran of such liability if the Secretary
      determines, after such investigation as the Secretary deems appropriate, that the property was disposed of
      by the veteran in such a manner, and subject to such conditions, that the Secretary would have issued the
      veteran a release from liability under subsection (a) with respect to the loan if the veteran had made application
      therefor incident to such disposal. Failure of a transferee to assume by contract all of the liabilities of
      the original veteran- borrower shall bar such release of liability only in cases in which no acceptable transferee,
      either immediate or remote, is legally liable to the Secretary for the indebtedness of the original veteran-
      borrower arising from termination of the loan. The failure of a veteran to qualify for release from liability
      under this subsection does not preclude relief from being granted under section 5302(b) of this title , if
      the veteran is eligible for relief under that section.
    drafter_attestation: Verbatim slice of 38 U.S.C. §3713 subsection (b) from Cornell LII snapshot 3a2b9ba0d5054af1;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: va-38usc-3713-c
  canonical_id: va-38usc-3713-c
  section: 38 U.S.C. §3713(c)
  description: 'Release from liability under guaranty — (c): (c) This section shall apply only to loans for which
    commitments are made before March 1, 1988 . ( Pub. L. 85–857 , Sept. 2, 1958 , 72 Stat. 1212 , § 1817; Pub.
    L. 92–328, title II, § 204 , June 30, 1972 , 86 Stat. 397 ; Pub. L. 94–324, § 7(18) , (19), June 30, 1976 ,
    90 Stat. 722 ; Pub. L. 97–72, t…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: VA Home Loan Guaranty (38 U.S.C. ch. 37) § 3713
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/38/3713
    snapshot_id: 3a2b9ba0d5054af1
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:7766ca7e7b471d528e13b5cda7cd0c6a2a7e46d24b5d90630cfa8b4abb178309
    paragraph_quote: (c) This section shall apply only to loans for which commitments are made before March 1, 1988
      . ( Pub. L. 85–857 , Sept. 2, 1958 , 72 Stat. 1212 , § 1817; Pub. L. 92–328, title II, § 204 , June 30, 1972
      , 86 Stat. 397 ; Pub. L. 94–324, § 7(18) , (19), June 30, 1976 , 90 Stat. 722 ; Pub. L. 97–72, title III,
      § 303(f) , Nov. 3, 1981 , 95 Stat. 1060 ; Pub. L. 100–198, § 10(a)(2) , Dec. 21, 1987 , 101 Stat. 1323 ; renumbered
      § 1813 and amended Pub. L. 100–322, title IV, § 415(b)(2) , May 20, 1988 , 102 Stat. 550 ; Pub. L. 101–237,
      title III, § 313(b)(1) , Dec. 18, 1989 , 103 Stat. 2077 ; Pub. L. 102–40, title IV, § 402(d)(1) , May 7, 1991
      , 105 Stat. 239 ; renumbered § 3713 and amended Pub. L. 102–83, § 5(a) , (c)(1), Aug. 6, 1991 , 105 Stat.
      406 ; Pub. L. 103–446, title XII, § 1201(e)(15) , Nov. 2, 1994 , 108 Stat. 4686 .)
    drafter_attestation: Verbatim slice of 38 U.S.C. §3713 subsection (c) from Cornell LII snapshot 3a2b9ba0d5054af1;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
