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 207 - Multifamily Housing Mortgage Insurance |
Subpart B - Contract Rights and Obligations |
Rights and Duties of Mortgagee Under the Contract of Insurance |
§ 207.260 - Maintenance and inspection of property.
Latest version.
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§ 207.260 Maintenance and inspection of property.
As long as the mortgage is insured or held by the Commissioner, the mortgagor must maintain the insured project in accordance with the physical condition requirements in 24 CFR part 5, subpart G; and the mortgagee must inspect the project in accordance with the physical inspection requirements in 24 CFR part 5, subpart G.
[63 FR 46578, Sept. 1, 1998]