Home Equity Conversion Mortgage Insurance; Right of First Refusal Permitted for Condominium Associations

HUD · hud-fha · Published 2000-02-03 · Effective 2000-03-06 · 65 FR 5406

Document

Document number: 00-2316
Federal Register citation: 65 FR 5406
CFR reference: 24 CFR 206
Type: Rule
Action: Final rule.
Category: hud-fha
Agency: US Department of Housing and Urban Development
Publication date: 2000-02-03
Effective date: 2000-03-06
Docket: Docket No. FR-4267-F-02

Abstract

This final rule removes, for the Home Equity Conversion Mortgage (HECM) insurance program only, the restriction on FHA mortgage insurance for a dwelling unit in a condominium project where the condominium association has a right of first refusal.

Source

Authoritative: Federal Register document
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