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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 12 - Banks and Banking |
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Chapter V - Office of Thrift Supervision, Department of the Treasury |
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Part 541 - Definitions for Regulations Affecting Federal Savings Associations |
§ 541.4 - Combination of residential real estate and business property involving only minor or incidental business use.
Latest version.
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The term
combination of residential real estate and business property involving only minor or incidental business use means residential real estate for which no more than twenty percent of the total appraised value of the real estate is attributable to the business use.