24 CFR 203.387

§ 203.387 Acceptability of customary title evidence.

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

Cite this

Citation: 24 CFR 203.387, § 203.387 Acceptability of customary title evidence, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99586
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Full text

If the title and title evidence are such as to be acceptable to prudent lending institutions and leading attorneys generally in the community in which the property is situated, such title and title evidence shall be satisfactory to the Secretary and shall be considered as good and marketable. In cases of disagreement, the Secretary will make the final decision.

Legislative history

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