Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 24 - Housing and Urban Development |
Subtitle B - Regulations Relating to Housing and Urban Development |
Chapter II - Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development |
SubChapter B - Mortgage and Loan Insurance Programs Under National Housing Act and Other Authorities |
Part 221 - Low Cost and Moderate Income Mortgage Insurance - Savings Clause |
Subpart B - Contract Rights and Obligations - Low Cost Homes |
Special Provisions Applicable Only to Mortgages Involving Condominium Units |
§ 221.310 - Assessment of taxes.
Latest version.
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§ 221.310 Assessment of taxes.
When a family unit is conveyed to the Commissioner or a mortgage is assigned to the Commissioner, the unit shall be assessed and subject to assessment for taxes pertaining only to that unit.