Statutes, codes, and regulations
Code of Federal Regulations
Title 24 - HOUSING AND URBAN DEVELOPMENTSubtitle B - REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENTChapter II - OFFICE OF ASSISTANT SECRETARY FOR HOUSING-FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENTSubchapter B - MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIESPart 241 - SUPPLEMENTARY FINANCING FOR INSURED PROJECT MORTGAGES
Subpart E - INSURANCE FOR EQUITY LOANS AND ACQUISITION LOANS-ELIGIBILITY REQUIREMENTS
Section 241.1080 - Eligibility of title

24 C.F.R. § 241.1080

Download
PDF
Current through May 31, 2024
Section 241.1080 - Eligibility of title

In order for the project to be eligible for insurance, the Commissioner shall determine that the title to the property is vested in the borrower as of the date the security instrument is filed for record. The title evidence will be examined by the Commissioner and the endorsement of the credit instrument for insurance shall be evidence of its acceptability.

24 C.F.R. § 241.1080