24 CFR 242.69

§ 242.69 Transfer fee.

United States · 24 CFR — Housing and Urban Development · Status: effective

Cite this

Citation: 24 CFR 242.69, § 242.69 Transfer fee, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100249
Permanent ID: ys:prov:100249@1
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Full text

Upon application for review of a transfer of physical assets or the substitution of mortgagors, a transfer fee of 50 cents per thousand dollars of the outstanding principal balance of the mortgage shall be paid to HUD. A transfer fee is not required if both parties to the transfer transaction are not-for-profit or public organizations.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.