§ 886.111 - Term of contract.

Latest version.

§ 886.111 Term of contract.

A Contract may be for an initial term of not more than 5 years, renewable for successive 5 year terms by agreement between HUD and the Owner: Provided, That the total Contract term, including renewals, shall not exceed 15 years.

                    
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§ 886.111 - Term of contract.

§ 886.111 Term of contract.