Current through October 31, 2024
Section 115.311 - TestingThe following requirements apply to testing activities funded under the FHAP:
(a) The testing must be done in accordance with a HUD-approved testing methodology;(b) Testers must receive training or be experienced in testing procedures and techniques.(c) Testers and the organizations conducting tests, and the employees and agents of these organizations may not: (1) Have an economic interest in the outcome of the test, without prejudice to the right of any person or entity to recover damages for any cognizable injury;(2) Be a relative or acquaintance of any party in a case;(3) Have had any employment or other affiliation, within five years, with the person or organization to be tested; or(4) Be a competitor of the person or organization to be tested in the listing, rental, sale, or financing of real estate.