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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 24 - Housing and Urban Development |
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Subtitle B - Regulations Relating to Housing and Urban Development |
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Chapter II - Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development |
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SubChapter B - Mortgage and Loan Insurance Programs Under National Housing Act and Other Authorities |
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Part 221 - Low Cost and Moderate Income Mortgage Insurance - Savings Clause |
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Subpart B - Contract Rights and Obligations - Low Cost Homes |
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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.