24 CFR 241.1080
§ 241.1080 Eligibility of title.
United States · 24 CFR — Housing and Urban Development · Status: effective
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- Citation
- 24 CFR 241.1080, § 241.1080 Eligibility of title, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100159
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Full text
In order for the project to be eligible for insurance, the Commissioner shall determine that the title to the property is vested in the borrower as of the date the security instrument is filed for record. The title evidence will be examined by the Commissioner and the endorsement of the credit instrument for insurance shall be evidence of its acceptability.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.