---
title: "Check a Farm Credit borrower-rights waiver under 12 CFR 617.7010"
url: "https://ailawframework.com/practice/agribusiness-and-rural-law/check-whether-a-farm-tenancy-term-waives-the-act/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A38-OB20261022-20-US"
practice_area: "Agribusiness & Rural Law"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Check a Farm Credit borrower-rights waiver under 12 CFR 617.7010

> Extract any waiver of Farm Credit borrower rights, whether it is voluntary and in writing, which rights it names, and whether it says the borrower was represented by legal counsel.…

Canonical page: https://ailawframework.com/practice/agribusiness-and-rural-law/check-whether-a-farm-tenancy-term-waives-the-act/united-states  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Agribusiness & Rural Law](https://ailawframework.com/practice/agribusiness-and-rural-law.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | Extract any waiver of Farm Credit borrower rights, whether it is voluntary and in writing, which rights it names, and whether it says the borrower was represented by legal counsel. Do not treat a farm lease as a Farm Credit loan document, and do not draft a waiver. |
| What the lawyer must review | 12 CFR 617.7010(a) says a qualified lender may not obtain a waiver of borrower rights except as paragraphs (b) and (c) allow. Paragraph (b) allows a borrower to waive rights relating to distressed loan restructuring, credit reviews, and the right of first refusal when the loan is guaranteed by the Small Business Administration or in connection with a loan sale as provided in 12 CFR 617.7015. The waiver must be voluntary and in writing, and the document must clearly explain the rights the borrower is asked to waive. Paragraph (c) allows a waiver of all part 617 borrower rights in a loan syndication with non-System lenders that section 4.14A(a)(6) of the Act does not otherwise require to provide borrower rights. A loan syndication, for that paragraph, means each member has a direct contractual relationship with the borrower, and it does not include a transaction created for the primary purpose of avoiding borrower rights. The waiver must be voluntary and in writing, clearly disclose the rights waived, and contain a statement that the borrower was represented by legal counsel. The lawyer applies those limits. No federal agricultural-tenancy statute was opened, so this task does not review a farm lease. The Farm Credit Administration's own borrower-rights page was unavailable and is not a source. ABA Model Rules 1.1 and 5.3 and Formal Opinion 512 leave the review with the lawyer. |
| Written for | United States |
| Applies to | [Check whether a farm tenancy term waives the Act](https://ailawframework.com/practice/agribusiness-and-rural-law/check-whether-a-farm-tenancy-term-waives-the-act.md) |

## Checking plan

- What the AI does: Extract any waiver of Farm Credit borrower rights, whether it is voluntary and in writing, which rights it names, and whether it says the borrower was represented by legal counsel. Do not treat a farm lease as a Farm Credit loan document, and do not draft a waiver.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- This is a Farm Credit borrower-rights waiver. It is not a review of a farm lease. No federal agricultural-tenancy code was opened.
- 12 CFR 617.7015 is cited by paragraph (b) for a loan sale. The operative paragraphs of 617.7015 were not used as the basis of this task. The lawyer reads that section before relying on a sale waiver.
- The eCFR page says it is not an official legal edition of the CFR. The Farm Credit Administration borrower-rights web page returned unavailable and is not cited.

## Sources

- [eCFR, 12 CFR 617.7010, May borrower rights be waived?](https://www.ecfr.gov/current/title-12/chapter-VI/subchapter-B/part-617/section-617.7010) (checked 2026-10-22)
- [eCFR, 12 CFR Part 617, Borrower Rights](https://www.ecfr.gov/current/title-12/chapter-VI/subchapter-B/part-617) (checked 2026-10-22)

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*