24 CFR 221.300
§ 221.300 Changes in the plan of apartment ownership.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 221.300, § 221.300 Changes in the plan of apartment ownership, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99935
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Full text
The mortgagee shall notify the Commissioner of any changes in the plan of apartment ownership and in the administration of the property. Such notification shall be given either at the time of the conveyance of the property or at the time of the assignment of the mortgage. Any changes in such plan shall require approval by the Commissioner.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.