Code of Federal Regulations (Last Updated: November 8, 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 I - HUD-Owned Properties |
Part 291 - Disposition of HUD-Acquired and -Owned Single Family Property |
Subpart F - Good Neighbor Next Door Sales Program |
§ 291.570 - What continuing obligations apply to me if I purchase a home through the Officer Next Door Sales Program?
Latest version.
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To remain a participant in the Officer Next Door Sales Program you must, for the entire duration of the owner-occupancy term:
(a) Continue to own, and live in as your sole residence, the home you purchased through the Officer Next Door Sales Program;
(b) Not own any other residential real property other than the home you purchased through the Officer Next Door Sales Program; and
(c) Certify initially and once annually that paragraphs (a) and (b) of this section continue to be true.