24 CFR 904.116

§ 904.116 Transfer of title to homebuyer.

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

Cite this

Citation: 24 CFR 904.116, § 904.116 Transfer of title to homebuyer, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/101685
Permanent ID: ys:prov:101685@1
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Full text

When the homebuyer is to obtain ownership as described in § 904.113 or § 904.115, a closing date shall be mutually agreed upon by the parties. On the closing date the homebuyer shall pay the required amount of money to the LHA, sign the promissory note pursuant to § 904.114, and receive a deed for the home.

Legislative history

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