24 CFR 234.66 - Free assumability; exceptions.

Regulations last checked for updates: Nov 25, 2024

Title 24 - Housing and Urban Development last revised: Nov 13, 2024

View all text of Subpart A [§ 234.1 - § 234.66]

§ 234.66 - Free assumability; exceptions.

For purposes of HUD's policy of free assumability with no restrictions, as provided in § 203.41 of this chapter, the definition of Legal restrictions on conveyance in § 203.41(a)(3) of this chapter does not include rights of first refusal held by a condominium association for a project approved by the Secretary under this subpart prior to September 10, 1993.

authority: 12 U.S.C. 1715b and 1715y; 42 U.S.C. 3535(d)

source: 36 FR 24628, Dec. 22, 1971, unless otherwise noted.

cite as: 24 CFR 234.66